This morning, they priced their IPO at US$51 per share, which values the company at over US$54 billion (fully diluted market cap). The IPO has raised US$4.87 billion based on the 95.5 million shares sold. ARM is riding the wave of excitement and hype around AI and is set to be the biggest technology offering of this year.
Read here to find out more on ARM company background and how they size up among their peers.
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