In 50 Words: Arm plans IPO for September, targets up to $70b valuation

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In 50 Words: Arm plans IPO for September, targets up to $70b valuation

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Arm, SoftBank Group’s semiconductor subsidiary, is planning to conduct an IPO as early as September, targeting a valuation of between US$60 billion and US$70 billion. This move underscores the emerging interest in AI-related technologies and chips.

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