Intel Sells Entire Stake In Softbank-backed Arm Holdings — Here’s How Retail Reacted

Intel Corp has sold its entire stake in semiconductor and software design firm Arm Holdings Inc, according to documents filed with the Securities and Exchange Commission (SEC).

The latest 13F form filed by Intel shows the absence of Arm’s name, indicating the firm has sold its stake worth $147 million. Notably, Arm Holdings, which is 90%-owned by Softbank, managed to post upbeat first-quarter results. Earnings per share (EPS) came in at $0.40 compared to an estimate of $0.34 while revenue stood at $939 million versus an estimate of $902.70 million.

Intel’s stake sale in Arm comes at a time when the chip-maker is in the midst of a $10 billion cost reduction plan aimed at increasing efficiency and market competitiveness. Intel had stated the actions included structural and operating realignment across the company, headcount reductions (over 15%), and operating expense and capital expenditure reductions of more than $10 billion in 2025 compared to previous estimates.

Following the announcement, retail sentiment has shifted into ‘bullish’ territory (67/100) from ‘neutral’ zone.

Despite the Arm stake sale, Intel disclosed losses on equity investments had ballooned to $120 million during the June quarter from $24 million a year earlier. Interestingly, Bernstein recently upgraded Arm to ‘Market Perform’ from ‘Underperform’ while raising its price target to $100 from $92.

Intel’s latest 13F filing indicates it continues to hold stakes in Astera Labs, Joby Aviation, MariaDB PLC, and Santi Biosciences Inc.

Intel shares have lost nearly 40% in the last month. Some Stocktwits users believe it presents a good opportunity to buy.