Intel sells Arm shares
Intel has sold its 1.18 million Arm share stake for around $145 million as it looks to cut costs and shore up its finances.
By David Manners, ElectronicsWeekly (August 14, 2024)
Arm shares hit $184 in July after starting out the year at $68.
To read the full article, click here
Related Semiconductor IP
- SoC Security Platform / Hardware Root of Trust
- SPI to AHB-Lite Bridge
- Octal SPI Master/Slave Controller
- I2C and SPI Master/Slave Controller
- AHB/AXI4-Lite to AXI4-Stream Bridge
Related News
- Arm Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional American Depositary Shares
- Arm shares return to offer price
- Arm shares jump 50% on AI, China boosts to results
- Intel and Arm Team Up to Power Startups
Latest News
- RaiderChip NPU for LLM at the Edge supports DeepSeek-R1 reasoning models
- The world’s first open source security chip hits production with Google
- ZeroPoint Technologies Unveils Groundbreaking Compression Solution to Increase Foundational Model Addressable Memory by 50%
- Breker RISC-V SystemVIP Deployed across 15 Commercial RISC-V Projects for Advanced Core and SoC Verification
- AheadComputing Raises $21.5M Seed Round and Introduces Breakthrough Microprocessor Architecture Designed for Next Era of General-Purpose Computing