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

reuters.com

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

#101

Post by Dylan16807 »

jason0597 wrote: post #75
panick21_ wrote: post #41

Earlier quoted context omitted.

RISC-V was designed to to be a teaching ISP. A minimal RISC-V is not so different from MISP. I don't think you lose much.

> RISC-V was designed to to be a teaching ISP Do you have a source for this? RISC-V always seemed like it was a production ISA from the get-go

"RISC-V is a new instruction set architecture (ISA) designed to support computer architecture research and education."

"Provide a realistic but open ISA that captures important details of commercial generalpurpose ISA designs and that is suitable for direct hardware implementation."

"Be simple to subset for educational purposes and to reduce complexity of bringing up new implementations."

https://www2.eecs.berkeley.edu/Pubs/TechRpts/2011/EECS-2011-...

"Yunsup Lee, Krste Asanovi´c, David Patterson, and I conceived RISC-V in the summer of 2010 as an ISA for research and education at Berkeley. Two of our research ventures, RAMP Gold [92] and Maven [60], had just wound down. These projects were based around the SPARC ISA and a lightly modified MIPS ISA, respectively, and we sought to unify behind a single architecture for the next round of projects."

https://www2.eecs.berkeley.edu/Pubs/TechRpts/2016/EECS-2016-...

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

#102

Post by prox »

jsiepkes wrote: post #100
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 Activision/Blizzard is worth $65bn to Microsoft for it's IP then $84bn is still a steal for ARM?

But that was a good investment for its long term Gamepass/Xbox plan. Or are you saying Microsoft can buy it?

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

#103

Post by ccity88 »

drumhead wrote: post #61

If SoftBank want to maximize their return then they'd probably do best to list ARM in the US. There's no way they'd get the crazy valuations you seen on NASDAQ on the LSE. It's why so many UK tech companies IPO in New York. They don't seem to get particularly excited about tech in London.

That's because a lot of these ""tech"" companies are just other business models in disguise. My especially favourite are the unsustainable business model food delivery apps like Deliveroo and JustEat, or the retail apps that are classed as tech for some reason like online consumer brands such as Victorian Plumbing and whisky seller Artisanal Spirits. It's clear to me that IPO's are no longer about long term equity, and more about short term gambling. This is especially true when you have both US and UK markets actively trying to attract more retail investment, just to swindle the public out of more money. Until we see a radical shift in the way we think about and measure the performance of companies, IPO's and equity markets will continue to be a wild ride.

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

#104

Post by klelatti »

Good. Never a good outcome for the industry for Arm to be owned by Nvidia - and regulators have learned by now that undertakings in these circumstances have little value.

Sorry for Simon Segars who must have had a tough job essentially implementing Son's ideas. And those ideas seem to have been pretty poor - Arm China debacle, focus on IoT and selling to Nvidia have all clearly harmed Arm's prospects.

It's clear by now that selling CPUs is a mature market but that Arm has room to grow and there is still lots of money to be made in hardware if you innovate - eg in accelerated computing. It's also true both that Arm's model works and that it has more competition than ever from RISC-V.

A lot still to play for in my view and I think that the IPO price will reflect that.

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

#105

Post by Kliment »

NortySpock wrote: post #9

Why will ARM succeed where MIPS faded into obscurity? (Well, relative obscurity. I see they are still used in media devices and cheap routers.) https://en.m.wikipedia.org/wiki/MIPS_Technologies

ARM has already succeeded. There is no "will" here. Most microcontrollers in the world are ARM. Most application processors in the world are ARM. It spans from the cheapest to the highest-performing parts. Nearly every smartphone in the world is ARM.

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

#106

Post by HWR_14 »

jakey_bakey wrote: post #66
BluSyn wrote: post #20

Earlier quoted context omitted.

SoftBank is desperate for capital due to recent bad bets. ARM is one of the most valuable assets they have. As for ARM itself, this probably isn't the best path forward, and neither option would even be considered if it weren't for SoftBank's current predicament.

It's weird, according to the FT they only want the capital to finance share buybacks. So, basically, they want to prop up their share price.

I didn't see that article, but that seems to be a two-step process for SoftBank to sell their shares on the open market without spoiling the market by public ally divesting themselves of shares. They sell new shares, then use the money that generates to buy a percentage of SoftBanks shares.

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

#108

Post by PedroBatista »

thrwyoilarticle wrote: post #92
PedroBatista wrote: post #84

Earlier quoted context omitted.

The printer will start to run out of paper in a few months. The companies that have their own invoice printer will “win”, the others will suffer.

It's been months for years

This time is based on inflation and the Fed increasing borrowing rates. Money managers already started to move their positions to stocks that fare well when things cool off.

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

#109

Post by odiroot »

HHC-Hunter wrote: post #12
na85 wrote: post #3

>ARM to IPO I'll be looking to pick up some shares as a long-term investment. I think ARM is one of the best things to happen to computing, and anything that threatens the x86 monoculture/hegemony is a good thing in my view.

Honestly at this point, any big tech IPO is just a license to print money.

Didn't work that well for Cloudflare, Github, Coinbase.

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

#110

Post by OldTimeCoffee »

teruakohatu wrote: post #8
lunfard000 wrote: post #4

Earlier quoted context omitted.

I didn't like much this but having ARM in the hands of financial institution which doesn't have any motivation to invest in the technology doesn't seem any better (and probably doesnt understand/doesnt care about it). In the other hand, Nvidia have a good track record creating good products.

> Nvidia have a good track record creating good products. What incentive would Nvidia have to develop new ARM features that would assist competitors in competing with them? The Fujitsu's A64FX Processor for example somewhat competes with Nvidia datacenter GPUs. What incentive would Nvidia have to continue to develop the Arm Scalable Vector Extension? The only good thing from this sale would be the pivot to RISC-V.

The A64FX has way worse performance per watt than an AMD EPYC and an A100. The A64FX's density per U is higher, so you can get a lot more cores in the same datacenter, even if the TFLOPS/watt is far worse.

For example, if you look at the TOP500, #1 (A64FX) gets about 14.78 TFLOP/watt, #5 (EPYC/A100) gets 27.37 TFLOP/watt. Most of the A100 based solutions are similar performance per watt. Nvidia is already beating ARM in power efficiency. This looks closer to the 3dfx acquisition from Nvidia's prospective.

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