Niaga AWANI: Arm Seeks Valuation of Over $52 Billion in Landmark IPO

British chip designer Arm, owned by SoftBank Group, is embarking on a major initial public offering (IPO) in the U.S., targeting a valuation exceeding $52 billion. The IPO includes the offering of 95.5 million American depository shares with a price range of $47 to $51 each, potentially raising up...