The measures, which include restrictions on chips used in artificial intelligence and supercomputing, seek to stop China’s drive toward its own chip industry and military advancements.
The company, based in the city of Suwon, South Korea, is the world’s largest chipmaker by revenue, but its foundry business is playing catch-up with Taiwan Semiconductor Manufacturing Co.
The company is adjusting plans for an initial public offering of its chip technology division and will likely still list the majority of what it offers for trading on U.S. exchanges.
Chinese orders for chip-manufacturing equipment from overseas suppliers rose 58% in 2021, making it the biggest market for those products for a second year running.
Softbank's raising of an $8 billion term loan has provided it with enough financial leeway to hold onto a bigger portion of the company, sources say.
Valuing Arm at more than $60 billion is a gambit for SoftBank CEO Masayoshi Son, who acquired the business in 2016 for about $32 billion.
The purchase — poised to become the biggest chip deal ever when it was announced in 2020 — has drawn a fierce backlash from regulators and the chip industry.
The Biden administration is considering imposing tougher sanctions on China’s largest chipmaker, building on an effort to limit the country’s access to advanced technology.
The best alternative may be an IPO for the Arm business — but that is likely to value the company at far less than Nvidia’s offer.
Ampere is a 4-year-old startup run by a former Intel Corp. executive who is trying to break into the market for microprocessors that run servers in data centers, an area dominated by her old company.
