Unveiling the Future: Arm's Bold Move to IPO in the US with Aim to Surpass $70B Capitalization

Arm Files for IPO in the US, Aiming for Capitalization of Over £70B

Chip design company Arm, which is owned by SoftBank Group, has filed for an initial public offering (IPO) in the United States. This move is expected to make history as one of the highest IPOs for a technology company, with an anticipated overall value exceeding £70 billion.

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SoftBank recently acquired the remaining 25% of Arm for £16 billion, resulting in a valuation of £64 billion for the chip design company. Bloomberg reports that Arm aims to raise approximately £10 billion through this IPO, although the exact number of shares to be offered publicly has not yet been disclosed.

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In its filing, Arm stated that "approximately 70% of the world's population uses Arm-based products" and that it held a 49% share in a market worth over £200 billion last year. With the smartphone market facing a downturn, Arm is diversifying its focus towards automotive and cloud computing, as well as artificial intelligence.

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One of the risks highlighted by Arm in its IPO filing is the "economic and political risks" associated with China, which is the largest smartphone market globally. Revenue from royalties in China declined in 2022, and the complex ownership structure of Arm China adds further complications.

Prior to this IPO, Arm was a publicly traded company, which mitigates some of the usual risks associated with such offerings. However, regulators and financial institutions will closely monitor this IPO as a test of market strength after a period of relative inactivity.

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