Nvidia in talks to become anchor investor in Arm IPO - FT

According to the Financial Times, Arm, a company specializing in chip design, is currently engaged in discussions to secure Nvidia as a key investor. These talks are taking place as Arm continues to pursue its goal of listing in New York, with a potential timeline as early as September.

Nvidia is currently engaged in discussions with Arm, which is owned by SoftBank, in order to secure a durable investment during its upcoming initial public offering. Earlier this year, Reuters revealed that Arm was in talks with over 10 companies, including Intel, one of their existing collaborators.

Nvidia and Arm refused to provide any statement to Reuters.

The two companies are in talks regarding the worth of the firm, with Nvidia expressing a preference for a portion that would value the company at around $35 billion to $40 billion, as disclosed by an individual knowledgeable about the conversations mentioned in the Financial Times article.

According to the report, Arm is aiming for an approximate evaluation of $80 billion.

Last year, authorities rejected Nvidia's intended purchase of Arm valued at $66 billion due to concerns of anti-competitive practices.

According to insiders mentioned in the Financial Times, Nvidia and Arm have suggested making a relatively small investment of a few hundred million dollars. They have also taken the proactive step of reaching out to regulators beforehand to address any concerns.

Written by Rishabh Jaiswal in Bengaluru and Anton Bridge in Tokyo; Edited by Savio D'Souza, Kim Coghill, and Muralikumar Anantharaman.