Tuesday, August 22, 2023

Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March (Bloomberg)

Bloomberg:
Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March  —  - Geopolitical tensions, China economic woes hurting sales  — Power struggle with fired China unit CEO still casts shadow



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Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, after announcing plans to invest $1B+ in Thailand (Kimberley Kao/Wall Street Journal)

Kimberley Kao / Wall Street Journal : Microsoft says it is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2...