Tuesday, September 5, 2023

Apple Signs New Deal With SoftBank-Owned Arm for Chip Technology, IPO Documents Say

Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion (roughly Rs. 4,31,951 crore) initial public offering, which would be the largest such deal in the US this year.

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