Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

reuters.com

Post reply on HN
Print view View original

131–140 of 243 posts

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#131

Post by honkdaddy »

ksec wrote: post #64

It sort of make sense for Nvidia's shareholders. The initial offering for ARM was only worth $38.5bn, which was already expensive due to SoftBank initial purchase price and not wanting for a loss. But at Nvidia's peak this deal was worth " $87bn ". For a company that makes less than $2B in revenue and at best ~$300M in Operating Income. Remember this isn't something you can buy and milk the crap out of other market p…

If you don't mind me asking, where do you keep your wealth then? Property? Commodities?

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#132

Post by adrian_b »

reilly3000 wrote: post #30

Soooo back on the LSE or? It was such a hot stock in 2014-15. Softbank kinda bought it at the peak. Still, Apple has proven ARM on the desktop is phenomenal, and Ampere has done the same in the datacenter. Both have swiftly made compiler support accelerate dramatically. I would love for my next desktop to be arm-based, and it would be great if it didn’t NEED to be a mac. Broad adoption of ARM would be a huge win for…

It was said that Softbank wants to launch the IPO on NASDAQ, so it seems that it will not go back to LSE.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#133

Post by flerchin »

It's not clear to me, and I'm sure folks here would know. It seems possible that the ARM IPO could end up raising quite a bit less than the Nvidia deal. Couldn't Nvidia buy a majority of ARM shares on the open market, at a discount, with no regulatory oversight?

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#134

Post by als0 »

tjoff wrote: post #121
reilly3000 wrote: post #30

Soooo back on the LSE or? It was such a hot stock in 2014-15. Softbank kinda bought it at the peak. Still, Apple has proven ARM on the desktop is phenomenal, and Ampere has done the same in the datacenter. Both have swiftly made compiler support accelerate dramatically. I would love for my next desktop to be arm-based, and it would be great if it didn’t NEED to be a mac. Broad adoption of ARM would be a huge win for…

The thing that stands out about ARM is that the user has less control of the hardware. The manufacturers try and succeed in keeping an extremely closed ecosystem. Why would you want that? The Intel+AMD duopoly seems like nirvana compared to the Ampere and M1. In fact, Ampere and M1 are a hint of the most dystopian future of computing I can imagine.

> In fact, Ampere and M1 are a hint of the most dystopian future of computing I can imagine.

OK I'll bite. What aspect of Ampere is locked down? They are nothing like the bad closed-source hacks that we see in small development boards.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#135

Post by klelatti »

flerchin wrote: post #133

It's not clear to me, and I'm sure folks here would know. It seems possible that the ARM IPO could end up raising quite a bit less than the Nvidia deal. Couldn't Nvidia buy a majority of ARM shares on the open market, at a discount, with no regulatory oversight?

No. At a certain level of ownership (less than 50%) they would be forced to make a full bid and the regulators would step in again and block.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#136

Post by als0 »

klelatti wrote: post #130
tjoff wrote: post #121

Earlier quoted context omitted.

The thing that stands out about ARM is that the user has less control of the hardware. The manufacturers try and succeed in keeping an extremely closed ecosystem. Why would you want that? The Intel+AMD duopoly seems like nirvana compared to the Ampere and M1. In fact, Ampere and M1 are a hint of the most dystopian future of computing I can imagine.

Any architecture that forces something like the Intel Management Engine on users is closer to dystopia than nirvana.

Absolutely. Whether it's ARM-based or RISC-V, nothing will stop high-end SoC vendors from developing closed hardware blocks or firmware, especially if they have customers from the DRM space (CA vendors).

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#137

Post by belter »

ksec wrote: post #64

It sort of make sense for Nvidia's shareholders. The initial offering for ARM was only worth $38.5bn, which was already expensive due to SoftBank initial purchase price and not wanting for a loss. But at Nvidia's peak this deal was worth " $87bn ". For a company that makes less than $2B in revenue and at best ~$300M in Operating Income. Remember this isn't something you can buy and milk the crap out of other market p…

You analysis is right on, and I agree with it. I predict however, the IPO will be an enormous success. Predict a valuation in the $40bn to $45bn with tops of $50bn....lets revisit this thread then ;-)

Those facts will:

- Disprove once more that story of the market efficiency/price discovery bullshit,

will also confirm that:

- Benjamin Graham, Value Investing and Warren Buffet strategies were made for other times. The times before we allowed that Central Banks hijack our income streams and personal wealth.

Disclosure: As I write this, I also do not currently hold any stocks, Mutual Funds, Indexes and other financial instruments. Did in the past.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#138

Post by klelatti »

pm90 wrote: post #129
lrem wrote: post #87

Earlier quoted context omitted.

And if that control becomes too tight, RISC-V takes it place.

Let’s be real. ARM got a chance because it excelled in a very specific use case: low power. Unless RISC-V differentiates itself in a significant way, it won’t replace ARM.

RISC-V seems to me to have two major opportunities.

- Where a free ISA allows innovation and experimentation in a way that Arm would not permit.

- Where companies can shave cents off mass market products due to lower licensing fees.

Will RISC-V replace Arm in your smartphone though - seems like a big ask at the moment.

Re: SoftBank's Sale of Arm to Nvidia Collapses, Arm to IPO

#139

Post by justin66 »

ksec wrote: post #64

It sort of make sense for Nvidia's shareholders. The initial offering for ARM was only worth $38.5bn, which was already expensive due to SoftBank initial purchase price and not wanting for a loss. But at Nvidia's peak this deal was worth " $87bn ". For a company that makes less than $2B in revenue and at best ~$300M in Operating Income. Remember this isn't something you can buy and milk the crap out of other market p…

> I much rather bet on Intel if I had the money.

The FTC objecting to Nvidia and ARM's deal on an antitrust basis [0] makes Arm toxic to Intel and AMD.

[0] https://www.ftc.gov/news-events/press-releases/2021/12/ftc-s...

Post reply on HN