Arm aiming for $60bn-plus valuation after IPO

Arm aiming for $60bn-plus valuation after IPO

Chip maker Arm is targeting a valuation of at least $60 billion when it goes public later this year.

That's according to Bloomberg, which reports that the chip giant is aiming for a valuation of between $60 billion and $70 billion when it does its initial public offering. That is scheduled for September.

Arm is hoping to make as much as $10 billion from the IPO.

Arm has been in discussions with Nvidia to have it become an anchor investor in the IPO. The graphics giant – which was previously trying to buy Arm – was interested in a share price that would value the company at between $35 billion and $40 billion, far below what Arm wanted which was in fact closer to $80 billion.

TechAnalysis Research Bob O'Doennell said: “[Arm] had a hugely important but behind-the-scenes and not-very-well-understood role for a very long time. There’s this raised awareness now of what Arm does and the role that it plays.”

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Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for, VGC, Games London, The Observer/Guardian and Esquire UK.