NEW YORK -- U.K. chip designer Arm is SoftBank Group's most important unit and key to its artificial intelligence strategy, the Japanese investor's finance chief said Thursday after Arm's Nasdaq debut.
Japanese group plans to hold Nasdaq-listed stock for 'long term:' finance chief

SoftBank CFO Yoshimitsu Goto called Arm the company's "most important subsidiary." (Photo by Hirofumi Takeuchi)
NEW YORK -- U.K. chip designer Arm is SoftBank Group's most important unit and key to its artificial intelligence strategy, the Japanese investor's finance chief said Thursday after Arm's Nasdaq debut.