Components & Peripherals News
Arm IPO’s 10 Confirmed And Potential Investors: Why Apple, Intel And Nvidia Are Among Them
The British chip designer reveals that AMD, Apple and Google are among the potential ‘cornerstone investors’ in its much-hyped initial public offering. Two others, Intel and Nvidia, confirmed their plans to invest. ‘Arm has played this absolutely foundational role in the tech business but in a pretty much invisible way to most of the outside world for a very long time,’ an analyst says.
Apple did not respond to a request to comment about its potential plan to invest in Arm’s IPO.
A longtime customer and co-founder of Arm, Apple has relied on the company’s chip architecture for processors inside all its mobile devices, including the iPhone and iPad.
In 2020, the Cupertino, Calif.-based electronics giant signaled a plan to embrace Arm across its entire hardware portfolio by transitioning its Mac computers from Intel CPUs to Arm-compatible M-series system-on-chips such as the M1 and M2. Three years later, Apple completed that transition with M-series chips powering its entire line of Mac laptops and desktops.
More than a decade ago, Apple began designing custom Arm processors for iPhones and iPads rather than using the semiconductor company’s pre-developed processor designs. The iPhone maker expanded upon that trend with its M-series chips, which are based on in-house designs rather than Arm’s.
In Arm’s updated IPO filing Tuesday, the company said it has entered a “new long-term agreement with Apple that extends beyond 2040, continuing our long-standing relationship of collaboration with Apple and Apple’s access to the Arm architecture.”