Intel in talks to anchor Arm IPO

01:05pm, Tuesday, 13'th Jun 2023
CNBC's Deidre Bosa reports on news from Intel.
U.S. equities gained at midday on Tuesday, June 13, 2023 as lower inflation raised optimism the Fed could pause its rate hike cycle.
CNBC's Jim Cramer delivers his daily Mad Dash.
Intel is trying to win over big chip designers from TSMC, and has landed a few victories. Broadcom remains loyal to its suppliers and indicated it has to meet several criteria to move from its primary
Good news on the inflation front helped push stock indexes higher. Oracle reported quarterly earnings that showed its exposure to favorable AI trends.

5 Things to Know Before Markets Open

07:20am, Tuesday, 13'th Jun 2023
The latest inflation figures are expected to show price pressures easing, and a jump in revenue helped push Oracle shares higher. Here's what investors need to know today.
SoftBank-backed Arm is in talks with Intel as a potential strategic investor to anchor one of the year's biggest initial public offerings, reports say.
Intel Corporation (NASDAQ:INTC) is reportedly in discussions with SoftBank Group to become the lead investor in Arm Holdings' upcoming IPO. This is according to Reuters, citing sources familiar with
Intel is in talks with SoftBank Group Corp's Arm to be an anchor investor in the chip maker's initial public offering (IPO), a source familiar with the matter told Reuters on Monday.
Arm Ltd., the British chip designer owned by Japan's SoftBank Group Corp., is seeking a strategic investor, potentially Intel Corp., to anchor its highly anticipated initial public offering, Bloomberg
Intel Corp. is said to be in talks with British chip designer Arm Ltd., backed by SoftBank Group Corp. to anchor what will be one of the largest initial public offerings of the year, according to peop
Nvidia ( NVDA ) is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Though the company has been public for decades, it has pulled away fro
U.S. equities were up at midday on Monday, June 12, 2023 amid optimism the Fed will pause its rate hike cycle.
AI's major bottleneck is a lack of computing power, with supercomputers needed for the training and testing of data. The amount of AI networks created and tested is set to increase exponentially over
Advanced Micro Devices has numerous data center products ramping up later this year.
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