Will the valuation of Arm at the end of the first day of trading on NASDAQ be higher than $70 billion?
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resolved Sep 14
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Arm, a chip designer owned by SoftBank Group, a big tech-investment firm, filed for an IPO that could be the biggest in America this year. The listing on the Nasdaq exchange is set to take place early next month. Arm is expected to seek a valuation of between $60bn-70bn. The firm’s designs have a near-monopoly on chips used in smartphones.
Resolves YES if valuation is higher than 70$ billions. The IPO date is not announced yet.
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