Last quarter SoftBank's attempt to sell British processor architecture developer Arm to NVIDIA failed, after which the assets decided to return to the stock market, but not British, but American.The head of Qualcomm Cristiano Amon (Cristiano Amon) spoke in favor of the idea to buy out Arm by a consortium of strategic investors, and in this respect, an ally of Qualcomm could become Intel.Image source: CTIA Everything Works Recall that the CEO of the latter, Patrick Gelsinger (Patrick Gelsinger), previously expressed a willingness to invest in Arm assets.So far Qualcomm does not expect to form an alliance with Intel, but in general Cristiano Amon believes that the buyout of Arm assets by a group of investors would better serve the interests of the industry.At the very least, it would preserve the balance of interests that would have been broken if the deal with NVIDIA had been consummated.As you know, Qualcomm opposed the Arm and NVIDIA deal.According to Amon, \"several companies should be involved in the deal, so that Arm could eventually maintain independence.\"Until 2016, Arm shares were traded on the London and New York stock exchanges, but now SoftBank aims to return them only to the U.S.stock exchange.This causes discontent of some British politicians, who consider Arm a part of the national technological patrimony.However, so far the attempts of the British authorities to influence the situation have not brought any results, but only contributed to the disruption of the deal with NVIDIA.As the leadership of Qualcomm, Arm managed to achieve success at the expense of collective investment in the ecosystem of the same name.Arm's independence, according to Amon, was critical to the success of its namesake architecture.Now everything is moving towards Arm platforms, as the head of Qualcomm thinks, so investments in the company's assets should justify themselves and contribute to its further development.So far Cristiano Amon did not discuss with SoftBank the possibility of buying the Arm assets, because the management of the Japanese corporation was focused on solving problems with the rebellious head of the Chinese Arm division.Whether such a conversation will take place in the near future is not specified.
Home arm finance News qualcomm softbank stocks Qualcomm is ready to become a shareholder of Arm, if there are companions
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AMD to unveil Radeon RX 7000 graphics cards tonight
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