Intel ramping up its battle with NVIDIA today by backing what could be the biggest

IPO this year.

That is the focus of today's Tech Check with Deirdre Bosa.

Morning, D.

Carlin's latest developments that could get Masioshi sent closer to that blockbuster

arm IPO that he has been hoping for and been so focused on.

Now one, the semi space continues to be on fire this year, thanks to the generative AI hype cycle.

Two, Intel as a potential anchor investor.

Reports this morning say that Intel is in talks to Soft Bank to be a strategic investor

to anchor the listing.

Masa Sun could then go to other investors and say, hey look a rival is invested in

armed success.

For Intel itself this is interesting too.

After a decade of decline it's losing business to huge

customers like Apple seeing delays in next generation chips losing market share

to Amd cutting its dividend earlier this year so part of Pat Gelsinger's big

turnaround plan is building a foundry business that is the actual

manufacturing of chips not the design so while it could continue to struggle to develop

to sell its own processors to Big Tech like Apple. It could partner

with Arm on the back end helping to manufacture those chips that Apple, Google

Meta, Amazon, and others are developing in-house with the help of Arms cutting edge design

and licensing IP.

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