Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Finance

Finance

SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year

SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTER... SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon
SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTER... SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon

Listen to the article now

On September 5, 2023, ARM, the chip designer owned by SoftBank Group, made headlines by announcing its intention to launch an Initial Public Offering (IPO) in the United States. ARM’s ambitious goal is to raise more than $48.7 billion through this IPO, reflecting its significance in the global semiconductor industry and its growth aspirations.

ARM is a prominent player in the semiconductor design sector, providing the intellectual property (IP) for microprocessors and related technologies used in a wide range of devices, including smartphones, tablets, and IoT devices. ARM’s designs are found in billions of devices globally, making it a key contributor to the technology ecosystem. ARM’s technology is versatile, catering to various industries and applications, from consumer electronics to automotive and industrial devices.

ARM’s decision to pursue an IPO in the United States is noteworthy and carries several implications. An IPO in the U.S. gives ARM access to the world’s largest and most liquid capital markets, enabling it to raise substantial funds for its growth initiatives. The funds raised through the IPO can fuel ARM’s expansion efforts and research and development, potentially driving innovation in the semiconductor sector. ARM’s IPO in the U.S. serves as a recognition of its importance in the global tech industry and its further aspirations to expand its market presence. ARM operates in a highly competitive industry, facing rivals from established players to emerging tech companies. The semiconductor industry thrives on innovation and competition, with companies constantly pushing the boundaries of technology.

The availability and performance of semiconductors impact various industries, including consumer electronics, automotive, and telecommunications.

ARM’s announcement of its U.S. IPO in 2023, to raise over $48.7 billion, underscores its ambition to solidify further its position as a leader in the semiconductor design sector. As ARM enters the public markets, its performance and ability to drive innovation will be closely watched by investors, technology enthusiasts, and industry stakeholders as it continues to shape the future of computing and technology.


Comment Template

You May Also Like

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok