British chip champion Arm files to go public in US

By Agence France-Presse

Aug 23, 2023 12:10 am

NEW YORK: British chip designing giant Arm has launched the process for a public stock listing in New York, in what could be the biggest US share offering in years.

The firm, which is owned by Japan's SoftBank, is a world leader in designing chips that are used in smartphones across the world and aims to be a major player in artificial intelligence (AI).

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