Qualcomm exited ARM based Datacenter chip business long time ago and now acquiring NUVIA. https://finance.yahoo.com/news/qualcomm-acquire-nuvia-130000160.html
Incredible acquisition by Qualcomm in my opinion. It seems Qualcomm wants to get back into customs cores and compete again
Qualcomm’s best strategic move. They ditched the arm server chip during their low time, settled with Apple ($$$$) and now going back to the server chip market with great architects. Qualcomm 📈📈 Nvidia and Qualcomm are my bets in semiconductor companies.
I sure hope so. Need my RSUs to make up for my pitiful base
Congrats to the employees. Hopefully a big payday.
Nope. Most of them will lose out on short term capital gains. That's the problem with these early exits. Won't be able to hold the stocks long enough to convert it to LTCG.
You can early exercise. So for anyone who has been there 1 year or more, everything is latch
Anybody know the strike price of ISO options? Just want to know if I should kill myself for turning down an offer a few months ago...
Don't kill yourself over petty cash
was offered 30k...
Didn't someone say last Summer the valuation was 3B? Is this a bad exit?
This
Probably Apple lawsuits made them sell
Can somebody (current Nuvia employee?) enlighten me how much an experienced engineer (15+ years) would pull in if he had joined Nuvia in May 2019? Just wanted to know how much I missed out...:)
Y didnt u join then ?
Assuming 60k worth of RSU at 0.5. 120k*40
It's not $40. Not sure why the blinder from NUVIA posted that. Only ex-applers, leadership, and key hires made 1M+. The rest are only getting some decent money. Whoever did not jump onboard, no need to feel bad about it. There is plenty of ships that will start sailing soon.
Probably the 40 was for preferreds, what the common see may be different per your point.
AFAIK preferred shares is for investors only.
Surprised they valuate above 1B
too cheap
Game changer.
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Quitting this Slave life
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Is it good choice to buy cyber truck now ?
Only for 1.4b? I thoughts Nuvia is THE hw start up..
This!