Home > News content

Mobile chip overlord to be listed in the US at a valuation of more than 400 billion: abandoning UK IPO

via:快科技     time:2023/3/2 10:00:58     readed:81

Early last year, NVIDIA announced that it had abandoned its planned $40 billion acquisition plan, and Samsung's plan to form a group to buy ARM came to an end. ARM now has only IPO to go public, and parent company Softbank Corp. hopes to list in the United States this year, not in the United Kingdom.

Early last year, NVIDIA announced that it had abandoned its planned $40 billion acquisition plan, and Samsung's plan to form a group to buy ARM came to an end. ARM now has only IPO to go public, and parent company Softbank Corp. hopes to list in the United States this year, not in the United Kingdom.

Because of this, Britain, where ARM is headquartered, has always hoped that they can be listed on the London stock market, but ARM is now owned by Softbank Corp., who has suffered huge investment losses in recent years.They prefer ARM to be listed on the US stock market, because the US listing can get a higher valuation.And it is easy to raise money and cash out, which is unmatched by the British stock market.

In order to appease the UK, Softbank Corp. said that the headquarters of ARM will remain in London and does not rule out a secondary listing in the UK in the future, but sources point out that this is not likely.

Softbank Corp. did not disclose how big the valuation of ARM could be.But the valuation mentioned last year is at least $60 billion.RMB easily over 400 billion, but this year is a semiconductor bear market, the environment is not what it used to be, I do not know how much ARM will eventually be worth.

估值超过4000亿 移动芯片霸主ARM将在美国上市:放弃英国IPO

translate engine: Tencent

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments

Related news