Plan B: After the failed Nvidia sale, Arm goes public for $54.5B

Chip designer Arm Holdings is going public for the second time in almost thirty years, this time with a market value of $54.5 billion. The company listed 95.5 million shares under “ARM” on Nasdaq, the largest IPO since the electric truck maker Rivian went public in 2021 for over $66 billion. 

The current share price is $51, giving Arm a market capitalization of roughly $54.5 billion. There was early speculation that the IPO value would be as high as $70 billion as big tech companies like Amazon, Nvidia, and Intel planned to spend billions of dollars on the chip designer once it went public. 

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