Market Chatter: Arm, SoftBank Said to Have Tried to Buy Cerebras Weeks Before IPO
Idag, 17:35
11:35 AM EDT, 05/13/2026 (MT Newswires) -- Arm Holdings (ARM) and its parent SoftBank Group expressed preliminary interest in acquiring Cerebras Systems weeks before its expected initial public offering but were rebuffed, Bloomberg reported Wednesday, citing people familiar with the matter.
Cerebras is scheduled to price its shares Wednesday in an IPO that could value it at around $34 billion, the report said.
SoftBank, Arm and Cerebras didn't immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 218.63, Change: +10.71, Percent Change: +5.15
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Market Chatter: Arm, SoftBank Said to Have Tried to Buy Cerebras Weeks Before IPO
Idag, 17:35
11:35 AM EDT, 05/13/2026 (MT Newswires) -- Arm Holdings (ARM) and its parent SoftBank Group expressed preliminary interest in acquiring Cerebras Systems weeks before its expected initial public offering but were rebuffed, Bloomberg reported Wednesday, citing people familiar with the matter.
Cerebras is scheduled to price its shares Wednesday in an IPO that could value it at around $34 billion, the report said.
SoftBank, Arm and Cerebras didn't immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 218.63, Change: +10.71, Percent Change: +5.15
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