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ARM Holdings plans to go public in September, targeting a market value of over $60 billion.
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IntroductionARM's initial public offering could raise up to 10 billion US dollarsIts IPO’s main investors c ...
- ARM's initial public offering could Global Forex Exchangesraise 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.
The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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