Arm secures $54.5b valuation in stock market return

Raises questions about London’s appeal for tech IPOs

clock • 2 min read
Arm secures $54.5b valuation in stock market return

Arm, the UK-based chip designer, is once again listed on a stock market: the Nasdaq in New York, signalling tech industry strength but raising questions about London's appeal for tech IPOs.

Arm secured a valuation of $54.5 billion (£43.6 billion) ahead of its return to the stock market. The SoftBank Group-backed chip designer started trading yesterday on the Nasdaq stock market in New...

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