One of the UK's leading semiconductor manufacturers has hinted that it could be nearing a deal with Softbank after it began restructuring its balance sheet. SoftBank, the Japanese tech investor, is said to be interested in buying Bristol-based Graphcore, with reports earlier this month indicating that discussions between the two were underway.
One of the UK's leading semiconductor manufacturers has hinted that it could be nearing a deal with Softbank after it began restructuring its balance sheet. SoftBank, the Japanese tech investor, is said to be interested in buying Bristol-based Graphcore, with reports earlier this month indicating that discussions between the two were underway.
In a noteworthy display of confidence in Nu Holdings Ltd (NYSE:NU), both SoftBank Group and the Saudi Arabia sovereign wealth fund made strategic moves in the first quarter of 2024. While SoftBank Group increased its equity stake in Nu Holdings from 22.0 million shares to 23.