The British microchip designer Arm fell into the red in the last financial quarter as a slowdown in demand for semiconductors knocked sales ahead of its highly anticipated float.
The company is widely expected to list in New York next month in what could be the largest stock market debut of the year.
A spokesman for Arm declined to comment yesterday on a report by Japan’s Nikkei newspaper that Apple, Samsung, Nvidia and Intel all plan to invest as soon as it is listed. Arm plans to sell each of them a stake of “a few per cent”, according to Nikkei. Amazon is also understood to be in talks with Arm about becoming a cornerstone investor.
SoftBank, the Japanese conglomerate that owns Arm, reported a
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