Intel clears approximately 1.18 million shares of Arm to raise funds
2024-08-14 01:57:08
August 14th news, local time on August 13th, Intel disclosed in a regulatory filing that the company in the second quarter of the clearance of chip design company Arm's 1.18 million shares, raising about $146.70 million. Intel said earlier this month that it will lay off more than 15%. Since the re-listing, Arm shares have risen 146% from the initial public offering price of $51.
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