Arm Acquires Stake in Raspberry Pi, Intel Reports Q3 Earnings, Nvidia and AMD Develop Arm-based PC Chips, Kokusai Electric Trims IPO Pricing, Arm Holdings' IPO Triggers Wall Street Scrutiny

Arm Holdings plc, the chip designer behind the Raspberry Pi, has acquired a minority stake in Raspberry Pi Ltd. Intel reports Q3 earnings with a decline in revenue and profit, but its stock price increases. Nvidia and AMD are working on Arm-based PC chips, posing a potential threat to Intel's market share. Kokusai Electric trims its IPO pricing, reflecting the challenges faced by chip equipment manufacturers. Arm Holdings' IPO raises $4.87 billion, but Wall Street analysts express caution.