The article is really confusing, in that it first says these corporates have 'agreed to this valuation' (is leaking that even legal?). But then we learn the in

The article is really confusing, in that it first says these corporates have 'agreed to this valuation' (is leaking that even legal?). But then we learn the investment amounts, "Apple, Nvidia and the other strategic investors have agreed to invest between $25 million and $100 million each in the blockbuster IPO, the sources said." Which seems tiny for a $50-$55B deal. Each of those companies could invest billions if they wanted to... This really reads like a set of leaks from Softbank to drum up interest in the deal. But I still fear ARM's lacking a corporate strategy (& deep cash reserves to continue to invest) post IPO. I have to imagine most of ARMs customers are spending far more on chip R&D than ARM itself. Nvidia purchasing ARM would have provided both huge investment, and roadmap clarity - though a roadmap most synergistic to buying a ton of Nvidia products too.