Tag: $Arm Holdings

Arm Holdings jumped another 6% on Friday in U.S. pre-market trade, continuing its rally after its Nasdaq debut this week.

Arm, the chip design firm that supplies core technology to companies including Apple  and Nvidia , priced its initial public offering at $51 a share.

Chip design firm Arm on Tuesday submitted an updated filing for its upcoming blockbuster initial public offering on the New York Stock Exchange, setting a price range between $47 and $51.

Arm, which is owned by SoftBank, filed on Monday to list on the Nasdaq.

A group of Silicon Valley’s biggest private tech companies are dusting off long-delayed plans to list their shares, with the upcoming initial public offering of chip designer Arm set to provide a new gauge for market sentiment.

The investor frenzy over artificial intelligence may reach a crescendo yet with the initial public offering of Arm Holdings. There are signs that the high-tech chip designer is readying for a listing as the market reaches peak hype.