Intel sells off 1.18 million Arm shares to raise funds
On August 14th, it was reported that on August 13th, Intel disclosed in a regulatory filing that the company had cleared its 1.18 million shares of chip design company Arm in the second quarter, raising approximately $146.7 million. Earlier this month, Intel announced it would lay off more than 15% of its workforce. Since going public again, Arm's stock price has risen 146% from its initial public offering price of $51.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Caitlyn Jenner’s memecoin lawsuit is over
Crypto players in France get bodyguards and bulletproof plans after kidnapping spree
Bitcoin Seizure: Australian Police Confiscate Mansion, Mercedes, and Crypto in $2.88M Case
Pump.fun’s reign is over?
Trending news
MoreCrypto prices
More








