Welcome back.

Soft Bank Owned Arm reporting declining revenues and narrowing profits in its

IPO filing last night bringing into question what the fate looks like for this company backed by soft bank

founder and CEO Masayoshi Sone what it will look like what this big debut

likely to be the biggest debut of the year has in store.

Our dear Debosa takes a closer look at his moves in today's Tech Check.

Katie.

L.P. at the heart of this, Masio She's son, he has said that he wants Soft Bank to lead the AI revolution.

Arm could help that case, but right now, Arm's biggest market is smartphones, and that is in decline.

That shows through in its financials. You mentioned it,

shrinking revenue and narrowing profitability, and even a successful IPO

may not make up for other potentially bigger missed opportunities.

Perhaps the biggest AI black eye for Massasad is his miss on Invidia, the undisputed AI winner.

In 2020, SOP Bank wanted to sell arm to Invidia, but ultimately couldn't get a pass of regulators. The information notes that it to nearly a hundred billion dollars today given

invidious giant run-up this year.

Now that would have been a nearly four-fold return in just a few years

and far better than a doubling of arms since Soft Bang bought it in 2016 for 31 billion dollars if it manages to be valued at 60 billion dollars when it goes out.

That is the lower range of its reported target valuation for this IPO.

Now in fact, if Arm, even if it goes out at the top of that range, 70 billion dollars,

the return for Soft Bank still underperforms the NASDAQ during that period.

So even if you chalk that up to regulators though and say that

okay this was out of soft bank's control don't forget that soft bank bought a 5%

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