Arm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.
Many of Arm's royalties come from products released decades ago. About half of the company's royalty revenue, which totaled $1.68 billion in 2022, comes from products released between 1990 and 2012.
In a presentation to investors, Arm said it expects the total market for its chip designs to be worth about $250 billion by 2025, including growth in chip designs for data centers and cars. Arm's revenue in its fiscal year that ended in March slipped less than 1% from the prior year to $2.68 billion.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SoftBank's Arm set to debut on Nasdaq after blockbuster IPO By ReutersSoftBank's Arm set to debut on Nasdaq after blockbuster IPO
Read more »
Arm climbs 10% in Nasdaq debut after pricing IPO at $51 a shareArm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.
Read more »
Arm climbs 19% in Nasdaq debut after pricing IPO at $51 a shareArm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.
Read more »
Arm climbs 17% in Nasdaq debut after pricing IPO at $51 a shareArm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.
Read more »
With Arm IPO, Nasdaq Notches Win in NYSE RivalryWhen British chip designer Arm starts trading on Nasdaq today, its initial public offering will mark a big win for the exchange in its decades-long rivalry with the New York Stock Exchange. Nasdaq and the NYSE [compete fiercely](https://www.wsj.com/articles/gold-badges-boozy-breakfasts-denim-suits-
Read more »
SoftBank's Arm eyes up to $64.1 bln valuation in likely stellar Nasdaq debutSoftBank's Arm Holdings was set to fetch a valuation of up to $64.1 billion in its Nasdaq debut on Thursday, as shares of the chip designer were set to blow past their offer price.
Read more »