Cerebras plans to list at between $150 to $160 per share. ・The Nvidia rival plans to sell 30 million shares. ・Softbank has been looking to increase exposure to chipmaking firms. UK-based Arm Holdings ...

Arm Holdings (NASDAQ:ARM) shares pulled back nearly 6% in late-trading on Wednesday even as the British chip design firm offered up fiscal fourth-quarter results and guidance that topped expectations.

ARM's annual financial report speaks volumes: AI data centers are the biggest growth driver. The company only mentions smartphones, notebooks, and edge devices in passing in its two-page letter to ...