Published on 22 Aug 2023 on Bloomberg via Yahoo Finance
SoftBank’s Arm Files for IPO That Is Set to Be 2023’s Biggest
(Bloomberg) -- SoftBank Group Corp.’s Arm Holdings Ltd. took a step toward what’s set to become the biggest initial public offering of the year, a bet that the once-obscure designer of phone chips can flourish in the era of artificial intelligence computing.
Most Read from Bloomberg
Musk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Lose Traction After Megacap-Led Bounce: Markets WrapS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Climate