Arm opts for US listing in blow to Rishi Sunak

But will retain HQ in the UK

clock • 2 min read
New York City has the highest tech firm valuations for stock listings worldwide
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New York City has the highest tech firm valuations for stock listings worldwide

British chip designer Arm has announced it will list its shares on the New York Stock Exchange later this year, thwarting the British government's hopes to see Arm return to the London stock market.

The company did not entirely dismiss the possibility of a future listing in London, saying it plans to consider a potential IPO in the city at a later time. "After engagement with the British go...

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