- ARM's initial public offering could raise up to 10 billion US dollars
- Its IPO’s main investors could include Nvidia and Intel
The roadshow is scheduled to start in the first week of September, with IPO pricing taking place in the second week, followed by private negotiations. ARM's latest valuation target reflects a shift in market sentiment, with generative artificial intelligence and chip-related technologies becoming extremely hot commodities.
According to insiders, SoftBank Group's semiconductor firm ARM plans to go public as early as September, with a valuation between 60 billion and 70 billion US dollars. ARM's valuation highlights the high demand in the artificial intelligence chip market. Earlier, bankers had estimated its value to range broadly from 30 billion to 70 billion US dollars, according to Bloomberg.
