Sources say that Arm has signed contracts with Apple, Nvidia and other companies, and IPO aims to value it at $50 to $55 billion.

Thanks to CTOnews.com netizens Wu Yanzu in South China for the delivery of clues! CTOnews.com, Sept. 2 (Reuters)-Softbank Corp. Group has identified some of Arm's biggest customers as strategic investors in the chip company's initial public offering, including Apple, Nvidia, Intel and Samsung Electronics.

According to people familiar with the matter, investors also include AMD, Cadence Design Systems, Alphabet's Google, Synopsys and so on. "negotiations are still under way, and some other potential investors are also talking about investing in IPO." People familiar with the matter added.

CTOnews.com learned from Reuters that Arm has a valuation target of $50 billion to $55 billion, and its clients have agreed to invest within that valuation. Apple, Nvidia and other strategic investors have agreed to invest between $25 million and $100m each in the IPO, and Arm and Softbank Corp. have reserved 10 per cent for their clients to sell in the IPO, according to people familiar with the matter.

Representatives of AMD, Arm, Google, Nvidia and Synopsys declined to comment. Apple, Cadence, Intel and Samsung didn't immediately respond to requests for comment.