ARM announces IPO plan to raise between $8 billion and $10 billion | SoftBank’s chipmaking subsidiary to list on US stock market

“As they say in the tech world, ARM you and come on! Indeed, mobile chip company ARM has announced its intention to list for listing on the US stock market. According to one statement published on Saturday, ARM hopes to raise between $8 billion and $10 billion in the planned IPO later this year, although the size and price range of the IPO has yet to be determined.

SoftBank, ARM’s parent company, has been considering an IPO since NVIDIA’s $40 billion bid to buy the chipmaker failed early last year due to regulatory resistance from the US Federal Trade Commission and other antitrust watchdogs. You could say that NVIDIA struggled to reach ARM with its scholarship!

ARM is preparing to go public in the United States with a fundraising target of between 8 and 10 billion dollars.

In March, SoftBank announced that it would list ARM on the US stock market, after having refused a request from the British government for a listing in London. ARM designs the processor components used in almost all mobile devices, including models from Apple and Samsung. Its licensing model means almost every tech company depends on ARM’s creations.

According to a recent report by Financial Times, the company recently began working on a prototype chip that is “more advanced” than any other semiconductor produced before. If this new chip lives up to its promise, ARM could soon give a new definition to the word “army arm” in the technology industry.

So, with this attempt to conquer the American stock market, ARM definitely seems to want to arm itself to face the future successfully. It remains to be seen whether investors will respond to the call and support the company in its ambitious projects. In any case, let the competition beware, ARM is determined to fight for its place in the sun!

The world of technology and finance therefore eagerly awaits the continuation of ARM’s adventures in the stock market. Will it succeed in raising billions to support its expansion and growth? For the moment, we don’t know more, but one thing is certain: ARM is armed and ready to take on any challenge.