“We do not comment on rumors or speculation,” an Nvidia spokesperson told Benzinga on Tuesday when asked for comment on a possible offer for Arm.
The sources also hinted at the possibility that other potential bidders or SoftBank might choose to search for a public list of Arm, according to the Bloomberg report.
If an initial public offering is carried out, Arm could boast of a $ 44 billion valuation, which could rise to $ 68 billion by 2025, Bloomberg reported, citing New Street Research LLP.
Softbank bought Arm in 2016 for $ 32 billion.
Arm is a dominant player in the processors that power mobile phones, tablets, and chips used in smart TVs.
In the latest control, Nvidia’s shares rose 0.17% to $ 418.27.
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