Arm reports record sales as SoftBank suffers historic loss

Semiconductor designer Arm has reported record revenues – up by 35% to $2.7bn (£2.2bn) – in the wake of parent company SoftBank reporting a record $27bn loss through its tech funds. Japanese conglomerate SoftBank is looking to float Arm on the public markets after its sale to US tech giant Nvidia collapsed due to pressure … Continue reading Arm reports record sales as SoftBank suffers historic loss