the giant Arm close to an arrival on the Stock Exchange
The subsidiary of Softbank wants to raise between 8 and 10 billion dollars. DADO RUVIC/REUTERS…
the giant Arm close to an arrival on the Stock Exchange
The subsidiary of Softbank wants to raise between 8 and 10 billion dollars. DADO RUVIC/REUTERS
The subsidiary of Softbank wants to raise between 8 and 10 billion dollars.
This is the most anticipated IPO of the year. Several times postponed, the arrival of the giant semiconductors Arm on the Nasdaq should, barring an accident, arrive before the end of 2023. The British group, a subsidiary of the conglomerate Softbank, indicated this weekend to have deposited several confidential documents in this direction in front of the American stock market policeman (SEC). It thus confirms its desire to achieve its listing very soon.
A turning point in the history of the group. Arm is a real behemoth, specializing in the design of chips prior to their manufacture and ***embly. It is remunerated by the sale of licenses and royalties on these semiconductors, and achieved no less than 2.7 billion in turnover in 2021. If it has not yet completed its year 2022, the giant UK saw sales rise 28% in the third quarter of its staggered fiscal year. Arm outperforms the rest of the semiconductor industry, thanks in particular to…
