Arm Plans to Go Public in US in Sept.

According to foreign media reports, Apple, Samsung Electronics, NVIDIA, and Intel all plan to purchase shares of SoftBank’s chip design company Arm when it goes public in September.
Arm plays an indispensable role in the technology industry, licensing its chip designs to over 500 companies, including Apple, and 95% of smartphones worldwide use the Arm architecture
In 2016, SoftBank Group acquired Arm for $32 billion. At present, the group controls about 75% of Arm’s shares, while the remaining 25% is held by Softbank’s Vision Fund, which plans to sell 10% to 15% of Arm’s shares in the market, which may make room for investments in companies such as Apple.
On September 13, 2020, Softbank Group announced that it would sell Arm to NVIDIA for a transaction value of $40 billion. However, due to significant regulatory challenges and opposition from competitors, this transaction ultimately failed.

After NVIDIA’s failed acquisition of Arm for $40 billion, Arm announced its listing plan. Last September, the CEO of the company, Rene? Rene Haas stated in an interview that he decided to apply for an IPO because the company was “starting to shift to other markets”, such as licensing chip designs for cloud computing products.
According to sources, SoftBank plans to list Arm on NASDAQ in September, with an estimated valuation of over $60 billion, making it the world’s largest IPO this year. The group will submit its listing application to the US Securities and Exchange Commission (SEC) in late August, and subsequently obtain approval from NASDAQ for an official IPO.
Foreign media reported that as part of the IPO, Arm clearly hopes that major chip manufacturers will become long-term shareholders and sell them several percentage points of their shares, while chip manufacturers hope to have an impact on Arm’s management by holding ARM’s shares.