2023-08-21 23:48:31
In 2022, no less than 30.6 million chips incorporating Arm’s designs were shipped worldwide, in particular for smartphones that the giant boasts of equipping for 99%. DADO RUVIC/REUTERS
DECRYPTION – The British group, which wants to go public in September, is targeting a valuation of 70 billion dollars.
This is undoubtedly one of Masayoshi Son’s most ambitious bets. And the boss of SoftBank, owner of the giant ARM, is doing everything to ensure that the Nasdaq introduction of this British company, scheduled for September, is one of the successes of the decade. The billionaire’s goal is to complete the biggest tech IPO since Facebook in 2012 (16 billion) and Alibaba in 2014 (25 billion). According to Bloomberg, no less than 28 banks should participate in the operation. If ARM, unknown to the general public, is turning heads so much, it is because it is a major player in one of the most fashionable segments of the industry: microprocessors.
ARM filed, Monday, before the American stock market policeman (SEC) the famous introductory document offering investors a complete overview of its activities. Of course, they know what’s going on. Founded in 1990, the Cambridge-based company has established itself as one of the world’s flagships in the chip industry. Components that she…
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