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Don’t read too much into this. Tiny stake that’s not material in terms of Intel’s finances. Bought at the time of Arm’s float to show confidence in Arm and tha
by klelatti 2y ago
Don’t read too much into this. Tiny stake that’s not material in terms of Intel’s finances.
Bought at the time of Arm’s float to show confidence in Arm and that Intel is a key partner - which it wants to be in the shape of Intel Foundry.
Changes nothing material in the relationship. More of a tidying-up exercise with a small profit than anything else.
Edit: This is a much more interesting story on the development of the Softbank / Arm / Intel relationship.
SoftBank scraps AI chips tie-up plan with Intel.
https://news.ycombinator.com/item?id=41265804 https://news.ycombinator.com/item?id=41265804