Arm Boasts of Cloud Growth and Promises IPO Dividends to Investors
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Arm Boasts of Cloud Growth and Promises IPO Dividends to Investors
U.K. chip designer Arm plans Tokyo IPO this month, seeking US$4.5 billion and $40 billion valuation.
U.K. chip designer Arm plans Tokyo IPO this month, seeking US$4.5 billion and $40 billion valuation.
Apple, Nvidia, and Alphabet invest in Arm's IPO, and use its chips in their tech.
Arm's chips are good for the cloud, as they are fast, low-power, and scalable.
Amazon, the world's largest cloud platform, uses Arm's chips in data centers, cloud instances, and devices like Kindle and Echo.
