Seeking US$ 5 Billion: Arm Holdings

Posted on 09/13/2023

Apple, Alphabet, TSMC, and Nvidia are lining up to pay roughly US$ 50 per share to help Arm Holdings raise US$ 5 billion, which would raise the company’s valuation to US$ 50 billion. Arm is already oversubscribed by a wide margin of 10 times. Arm is a UK chip designer that powers phones and gaming…

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