Arm Secures $54.5 Billion Valuation in Year’s Biggest IPO With Apple, Nvidia, Samsung as Investors
[ad_1] Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,121 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (nearly Rs. 2,66,170 crore). The IPO represents a climb-down from the $64 billion (roughly Rs. 5,30,899 crore) valuation at … Read more