HomeTagsArm IPO

Tag: Arm IPO

SoftBank Looking for More AI Deals Following Arm IPO

SoftBank is looking to engage in more artificial intelligence deals after the mammoth initial public offering (IPO) of its Arm unit. Arm's secured a $54.5 billion valuation in its IPO on Wednesday. Masayoshi Son, founder and chief executive, is reportedly ready to invest tens...

Arm Stock Surges After Nasdaq Debut

Shares in British chipmaker Arm Inc. surged after it made its stock market debut on Thursday afternoon with shares priced at $56.10. Arm's stocks jumped by 10% as trading commenced and were 20% higher at over $61 after 30 minutes of trading. The stock...

Goldman Sachs CEO Expects IPOs to Bolster Capital Markets

Goldman Sachs CEO David Solomon is confident that the incoming wave of initial public offerings (IPOs) will help to fuel a "pickup in the capital markets activity" in the coming fall season. "Obviously an environment with more capital markets activity is a good environment...

Arm Looks to Raise $4.87 Billion in IPO

Chip designer Arm Holdings Ltd. is aiming to raise $4.87 billion in the company's long-anticipated initial public offering (IPO). This is nearly half the amount that the company initially expected to raise upon going public. Owned by SoftBank Group Corp., the computer processor maker is...

Arm Lowers Expectations For IPO Given Market Conditions

Changing market conditions have prompted chipmaker Arm to lower its expectations in terms of market valuation and the amount it will raise upon launching its initial public offering (IPO). In addition to reporting a decline in revenue, Arm has also engaged in a higher-than-expected...