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Kokusai Electric trims indicative IPO pricing about 3%

TOKYO (Reuters) -Japanese chip equipment maker Kokusai Electric on Tuesday trimmed the indicative pricing for its $730 million initial public offering by about 3%, which a source said partly reflected chip designer Arm's lacklustre performance. The indicative price range was set at 1,830-1,840 yen per share, KKR-backed Kokusai said in a regulatory filing on Tuesday, compared with 1,890 yen previously. Kokusai said the lower range reflected the view of institutional investors and the state of the stock market.

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Tech war: report that US is targeting RISC-V chip standard for restrictions on China may open new front in tech war

Chinese analysts say possible US move might create ‘a new battlefield in the US-China chip war’ given that China has supported RISC-V to reduce its dependence on foreign technologies.

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Japan s Topix ends at 33-year high, tech shares gain after Arm IPO

Japan s broader Topix share index ended at a more than 33-year high on Friday, underpinned by overnight Wall Street gains, with technology stocks leading the gains after the strong market debut of.

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Japan s Nikkei hits over 2-month high, tech shares lead gains

Japan s Nikkei hits over 2-month high, tech shares lead gains
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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SoftBank s Arm launches IPO courting T Rowe in $52-B valuation ask

SoftBank s Arm launches IPO courting T Rowe in $52-B valuation ask
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