Amazon Eyes Significant Investment in Arm Ahead of Impending IPO

Amazon Eyes Significant Investment in Arm Ahead of Impending IPO

Arm Holdings is reportedly preparing for an initial public offering (IPO) on the Nasdaq, potentially in early September. The company is expected to be valued at around $60 billion at the time of the IPO, making it one of the significant IPOs of the year. Arm has been in discussions with several major tech companies, including Intel, Alphabet (Google’s parent company), Nvidia, and Amazon, regarding investments.