The US justification for forcing the sale of TikTok may be horseshit political theater for dubious reasons, but that doesn't close the gap of making a TikTok sale anywhere close to resembling ARM.

[–] naturalgasbad@lemmy.ca 5 points 8 months ago (1 children)

$16B US revenue, doubling YoY, gross margin likely in the 70s. Even at the P/S of an established company like Facebook, TikTok's US operations would be worth on the order of $200B. That's on par with the largest acquisitions in history and dwarves Nvidia's acquisition attempt of ARM.

[–] circuscritic@lemmy.ca 7 points 8 months ago

Relative valuations aren't the key differences, it's what the companies do, and what they support.

ARM technology powers the vast majority of mobile devices, and is estimated to have upwards of 30% of the PC CPU market share by 2026.

It's sale, or acquisition, is more than a pissing match between two great powers.