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Tags: Update Time: 9/14/2023 5:10:43 AM
What investors did Arm harvest in its return to the public markets?
Since the termination of NVIDIA's acquisition plan, SoftBank has been actively exploring the opportunity to take Arm public again. In late August of this year, Arm finally initiated its IPO, aiming to re-enter the Nasdaq stock market. At that time, Arm had not yet disclosed the number of shares to be issued and the price range. It was only on September 5th that they updated this information, with a total issuance of 95.5 million ADS (American Depositary Shares) priced between $47 and $51 per share, with only 9.4% of shares allocated for free trading. It is expected that the market value of Arm will exceed $50 billion after a successful IPO. This move has attracted considerable interest from large-scale investors, each of whom has their own intentions and considerations.
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Tags: Update Time: 9/14/2023 5:02:36 AM
The "Unexciting" Upgrades of the iPhone: Where Apple's Hundreds of Billions Are Spent
For many users, the number that follows "iPhone" after each annual Apple product launch no longer signifies any visible upgrades but simply represents the passage of another year.
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Tags: Update Time: 9/14/2023 4:26:50 AM
Apple Boosts Budget to $1 Million Daily for Advanced AI, Optimizing Siri!
Recent reports reveal that Apple has been steadily increasing its budget for building the computational infrastructure required for artificial intelligence (AI) and has expanded it to millions of dollars per day. One of the company's goals is to enable iPhone users to perform multi-step tasks with simple voice commands, enhancing Siri's capabilities.