Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia's acquisition
Qualcomm's incoming CEO, Cristiano Amon, reportedly said that Qualcomm would be willing to buy a stake in Arm alongside other industry investors if, Arm's current owner, listed the company on the stock market instead of selling it to Nvidia.
Amon reportedly added that Qualcomm would "definitely be open to it" and that the company has "had discussions with other companies that feel the same way." Arm was spun out of an early computing company called Acorn Computers in 1990. The company's energy-efficient chip architectures are used in 95% of the world's smartphones and 95% of the chips designed in China. The company licenses its chip designs to more than 500 companies who use them to make their own chips.
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