Monday, February 7th 2022
UK Politicians want Arm Holdings to be Floated on UK Stock Market
Although no official word on NVIDIA's rumored failed acquisition of Arm has been announced, UK politicians are now pushing for SoftBank to float Arm Holdings on the UK stock market. This has at least to some degree to do with the fact that the UK wants to keep Arm in the UK, partially due to some claimed national security concerns that apparently weren't present five years ago when the company was sold to SoftBank.
Arm Holdings is said to be worth around £30 billion on its own and several British MP's (Members of Parliament) have stepped up to say that the Arm Holdings should return to the London stock market rather than elsewhere, such as New York, "to ensure its interests and those of its investors are aligned with our national interest" and that the company "should stay British". Time will tell what happens to Arm, but until we have official word from NVIDIA and SoftBank, we have to assume that there's still ongoing discussions between the two parties.
Source:
This Is Money
Arm Holdings is said to be worth around £30 billion on its own and several British MP's (Members of Parliament) have stepped up to say that the Arm Holdings should return to the London stock market rather than elsewhere, such as New York, "to ensure its interests and those of its investors are aligned with our national interest" and that the company "should stay British". Time will tell what happens to Arm, but until we have official word from NVIDIA and SoftBank, we have to assume that there's still ongoing discussions between the two parties.
54 Comments on UK Politicians want Arm Holdings to be Floated on UK Stock Market
The issue here is that Nvidia already has an ARM license. There is nothign stopping them from making kick ass ARM products right now other then their own incompetence. Nvidia could take a fraction of the ARM purchase budget and make an ARM chip that would blow apple's A series out of the water. But they dont.
So why should they be allowed to buy ARM? Well most regulators are askign that same question and coming up empty. Why would they? ARM is not a failing company, and ARM is going to continue to paly a major role in the ever growing mobile and IoT world. That'd be like leaving apple after the release of the iphone 4s. Or leaving them now, in fact, when they are the richest company on the planet.
I see a lot of hypothetical "this will cause damage" with no-one actually suggesting any hypothetical specifics. nVidia will not spend the 10 billion dollars required to make an Apple beating ARM chip if they cannot monetize it. That would require selling it to many many different people like ARM's stock designs, you can't design a chip and then not have a market to sell it in. They want to integrate the nVidia GPU IP as a standard ARM IP and they can't do that and make money from it as it currently stands competing against all the other ARM designs. Yes nVidia buying ARM will affect the quality (and PRICE) of ARM's own designs, but it won't affect Apple or anyone else with access to the ARM ISA.
I just find the whole populist "no company should merge with another company" nonsense to be absurd. The synergy between nVidia and ARM is obvious. We need another large CPU player besides AMD and Intel. NVidia HAS ALREADY TRIED multiple times and failed to make any money following the approaches people want here. "Just build it and it will sell" is not a solid business plan. Enhancing the stock ARM designs with nVidia IP and making them a new standard is.
I'm not saying that ARM falling into American hands would be any better, those guys are even more corrupt, it it's at all possible. Well, there's China but let's not get into this kind of communist shithole. Just saying, ARM getting into spotlights might be a bad thing for everyone in the end. Now old farts know it exists and will try to use it to their advantage.
If they slow to a halt other competitors are there to pick up the slack, like Risc V for example. The issue here is having that change forced through anti-competitive behaviours from Nvidia or having it happen naturally and gradually as technology iterates and evolves. I don't know if you're just naive or trolling for nvidia. Locking people out and segmenting the market has been nvidia's entire shtick. The question is simple and has been posed many times: what can't nvidia do without owning arm that it would be able to after acquisition?
A: controlling access to arm licenses. That's the only answer.
They can produce a competitve core and soc if they want, apple did, nvidia also did in the past (see tegra k1/x1/etc and nintendo switch (custom tegra x1) as examples), as does qualcomm and samsung, and google now with tensor, among many others with more or less customization of the standard core designs - like from super custom like Apple for barely any changes like Unisoc or NXP etc etc etc.
They can make use of all the synergies they want without owning arm and compete in their own merits. Everyone else has. If they can't it's because they're incompetent, and that shouldn't be rewarded with a dominant anticompetitive position on a silver platter. That's an odd tangent, don't know what that has to do with Nvidia purchasing arm. If anything having control centralized with Nvidia and on the US would pose a much greater risk in terms of hardware backed spyware than having arm split across adversary nations. Not that that's a safeguard either, imo we're fucked either way.
And regarding encryption, it's the same old argument everywhere - "think of the children" - this bullshit has been tried everywhere and until now hasn't (at least completely) succeded. Let's pray for the future when eventually it does (we're fucked basically)
What's relevant is that the Arm is one of the few remaining british tech companies and the uk market is becoming less and less atractive for tech businesses. The politicians don't understand much about the chips, but they do know the numbers like tech and higher education jobs and economic development. And quit it with the nationalist rethoric or similar insults
Once again, the source links don't work in the forum.
Please complain to the management if this is not to your liking, as I can't do anything about it. Arm doesn't make chips.