Intel announced that it has become one of the investors in Arm Anchorage to speed up its contract manufacturing business through cooperation.
CTOnews.com September 8 news, SoftBank in the past few months, continuous communication with customers, partners, accelerate Arm Holdings anchor investment. Intel executives recently revealed that they have invested in Arm and become one of the anchor investors.
Stuart Pann, senior vice president and general manager of foundry services at Intel, said at the Communacopia & Technology conference hosted by Goldman Sachs: "We announced this morning that we participated in the investment in Arm."
CTOnews.com Note: An anchor investor is a large institution that explicitly expresses its intention to invest at the inquiry stage and places an order on the first day of the roadshow and bookkeeping.
Anchor orders are not institutional arrangements. They are characterized by special buying timing (early approval), no lock-up period for anchor investors, and a lock-up period of 6-12 months for cornerstone investors.
Pann said: "80% of TSMC wafers are Arm processors. In real time, our IFS organization is also embracing Arm at a high level, investing in Arm and building partnerships, demonstrating that we absolutely value the foundry business. "