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Arm Boasts of Cloud Growth and Promises IPO Dividends to Investors
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Arm Boasts of Cloud Growth and Promises IPO Dividends to Investors
U.K. chip designer Arm plans Tokyo IPO this month, seeking US$4.5 billion and $40 billion valuation.
U.K. chip designer Arm plans Tokyo IPO this month, seeking US$4.5 billion and $40 billion valuation.
Apple, Nvidia, and Alphabet invest in Arm's IPO, and use its chips in their tech.
Arm's chips are good for the cloud, as they are fast, low-power, and scalable.
Amazon, the world's largest cloud platform, uses Arm's chips in data centers, cloud instances, and devices like Kindle and Echo.
Amazon partners with Arm for IPO, aims to reduce dependence on Intel and AMD, server chip leaders.
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