{"id":82317,"date":"2023-11-08T20:03:43","date_gmt":"2023-11-09T01:03:43","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/intel-discloses-arm-holdings-stake-of-1-2-million-shares\/"},"modified":"2023-11-08T20:03:48","modified_gmt":"2023-11-09T01:03:48","slug":"intel-discloses-arm-holdings-stake-of-1-2-million-shares","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=82317","title":{"rendered":"Intel Discloses Arm Holdings Stake of 1.2 Million Shares"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000795174\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>\n        Intel<br \/>\n       disclosed that it bought more than a million<br \/>\n        Arm Holdings<br \/>\n       American depositary receipts in that company\u2019s September initial public offering.<\/p>\n<p>Intel (ticker: INTC)\u2014among other tech companies including<br \/>\n        Apple<br \/>\n       (AAPL) and<br \/>\n        Nvidia<br \/>\n       (NVDA)\u2014had been interested in buying ADRs of Arm, a British chip designer, but no investment size was specified. Arm ADRs priced at $51 a share in mid-September.<\/p>\n<div class=\"paywall\">\n<p>Chip firm Intel disclosed in a Securities and Exchange Commission form that it owned 1,176,470 Arm ADRs as of the end of September.<\/p>\n<p>Intel didn\u2019t immediately respond to a request for comment on the investment.<\/p>\n<p>Arm ADRs were trading Wednesday at $54, about 6% above the IPO price. <\/p>\n<p><em>Inside Scoop is a regular Barron\u2019s feature covering stock transactions by corporate executives and board members\u2014so-called insiders\u2014as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.<\/em><\/p>\n<p>Write to Ed Lin at edward.lin@barrons.com and follow <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/BarronsEdLin\" target=\"_blank\" class=\"icon none\">@BarronsEdLin<\/a>.<\/p>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/intel-arm-holdings-chip-stock-545d2e68?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel disclosed that it bought more than a million Arm Holdings American depositary receipts in that company\u2019s September initial public offering. Intel (ticker: INTC)\u2014among other tech companies including Apple (AAPL) and Nvidia (NVDA)\u2014had been interested in buying ADRs of Arm, a British chip designer, but no investment size was specified. Arm ADRs priced at $51 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":82318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-82317","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intel Discloses Arm Holdings Stake of 1.2 Million Shares | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Intel disclosed that it bought more than a million Arm Holdings American depositary receipts in that company\u2019s September initial public offering. 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