SoftBank Group will keep a stake in its chip company Arm Holdings, even if it sells part of it to Nvidia or through an initial public offering, the Nikkei Asian Review reported.[BENGALURU] SoftBank Group will keep a stake in its chip company Arm Holdings, even if it sells part of it to Nvidia or through an initial public offering, the Nikkei Asian Review reported.
The Japanese conglomerate is currently negotiating terms with Nvidia after receiving an approach last month, the report said, citing an unidentified source familiar with the matter, adding that it is possible that SoftBank would take stake in Nvidia after it bought Arm.SoftBank did not respond to a Reuters request for comment.
The Wall Street Journal reported last month that SoftBank was exploring options including a full or partial sale or public offering of Arm.
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