Arm’s CEO Is Pitching a Made-For-You Chip Strategy Ahead of IPO
- SoftBank-owned chip designer has shifted its strategy
- Arm stock offering is set to get underway later this week
Arm Ltd. Chief Executive Officer Rene Haas, gearing up for the biggest initial public offering of the year, is pitching investors on a pivot.
His message to potential shareholders is that Arm is poised to become a bigger and more profitable business — not just because of the industrywide boom in cloud computing and artificial intelligence, but also due to a major change in how it operates.
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Arm’s CEO Is Pitching a Made-For-You Chip Strategy Ahead of IPO