|Day's range||1,699.15 - 1,702.40|
|52-week range||1,699.15 - 1,702.40|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
ARM Holdings plc today announced that CEO Simon Segars’ appointment to the SoftBank Group Corp. (SBG) Board of Directors was formally approved at SBG’s 37th Annual General Meeting of Shareholders held today in Tokyo. SBG earlier announced new board candidates to strengthen corporate governance and accelerate growth. Mr. Segars’ appointment comes following SoftBank’s historic 2016 acquisition of ARM for US$32 billion.
The ARM instruction set has powered 100B pieces of silicon since inception, clearly owning the mobile revolution. Can they extend this to AI and the datacenter? This week's announcement gives us a glimpse.
Shareholders need more clarity on Vision Fund boundaries.