New Delhi:- According to Japan's Nikkei newspaper, Apple and Samsung Electronics plan to invest in Arm, a chip designer owned by SoftBank Group, during its initial public offering (IPO) in September.

In June, Reuters said that Arm was talking to about ten companies, such as Apple, Samsung, and Intel, to find one or more investors for their offering.

Last month, it was reported by Reuters and other media outlets that Arm was having discussions with Nvidia, a US chip designer, to be a main investor for the New York listing.

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According to the Nikkei, companies like Apple, Samsung, Nvidia, and Intel want to invest in Arm as soon as it becomes available for buying on the market. The company owned by SoftBank will officially request permission from the US Securities and Exchange Commission to be listed on the stock market later this month, according to the newspaper.

Arm plans to sell small portions of its stakes in chipmakers, according to the newspaper.

SoftBank chose not to give any comments. Apple, Nvidia, and Intel did not quickly reply to a Reuters' request for comment. Samsung did not respond right away.

The much-anticipated IPO is seen as a big opportunity for Softbank founder and CEO Masayoshi Son's large tech company.

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SoftBank has been aiming to have Arm listed publicly since the sale of the chip designer to Nvidia did not happen because antitrust regulators opposed it.

57,992 crores) and $10 billion (roughly Rs. 72,490 crores), and would value Paytm at between $25 billion (roughly Rs. 182 lakh crores) and $30 billion (roughly Rs. 218 lakh crores), the people said. 66,292) and 10 billion dollars (about Rs. According to insiders in April, Reuters learned that exports from China to Japan have fallen by a significant amount - specifically by 82,856.

During an earnings briefing on Tuesday, SoftBank's chief financial officer did not mention when the company plans to go public or how much money they aim to raise. However, they did say that the preparations for going public are progressing well.

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SoftBank reported an unexpected loss on Tuesday but mentioned that it is starting to make new investments again. This is because its Vision Fund unit made a profit for the first time in six quarters.

On Tuesday, it was reported in a newspaper that tech companies like Apple and Samsung will invest in Arm, a chipmaker brand owned by Softbank, in the near future. "Two additional companies, namely. " The Nvidia and Intel are also part of this as soon as the company goes public.