The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66
The technology investment group is now pinning its hopes on chip designer Arm to turn its fortunes around after ‘hitting the bottom’
The ChatGPT maker, Japanese tech backer and iPhone designer are reportedly discussing an artificial intelligence consumer device
ByteDance and Flipkart are among the handful of names on the Japanese tech giant’s roster tipped to go public sometime soon
Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say
The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West
A return to profit could ease pressure on SoftBank founder and CEO Masayoshi Son, who revealed in June plans to shift to "offence mode" amid excitement over advances in AI
The Japanese investment house lifted a little-known social media app called IRL to unicorn status on claims it had 20 million users
Chip designer Arm is looking to raise $8-$10 billion on Nasdaq, setting the stage for this year's largest initial public offering
The Japanese conglomerate, whose tech portfolio has slumped in value due to an array of troubled investments, passed the psychological level of 6,000 yen on Friday
Taiwan smartphone chip maker MediaTek said it will be using Arm's new technology for its next-generation smartphones
S&P said a listing for chip designer Arm, which has become a primary preoccupation for the group's chief Masayoshi Son, would improve asset liquidity