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The Independent UK
The Independent UK
National
Damian Troise and Yuri Kageyama

Arm Holdings is valued at $54.5 billion in biggest initial public offering since late 2021

Arm Holdings Masayoshi Son SoftBank Rene Haas Goldman Sachs Nvidia
Copyright 2023 The Associated Press. All rights reserved

U.K. chip designer Arm Holdings is scheduled to start trading on the Nasdaq Thursday, in what is the largest initial public offering of shares in nearly two years.

The shares have been priced at $51, giving Arm a market value of $54.5 billion. The opening trade could be much higher, given the interest among investors in the offering.

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