Arm-Chef Rene Haas vor der New Yorker Börse
Foto: JUSTIN LANE / EPA
The chip designer Arm, whose technology is present in practically all smartphones, began trading with a significant increase in value on the New York Stock Exchange. At midday on Thursday, the stock was being traded at around $61, which was approximately 20% higher than the initial offering price. This IPO is the largest in the United States this year and was also seen as a benchmark for other companies.
Arm hatte den Ausgabepreis auf 51 Dollar festgesetzt. Er lag damit am oberen Ende der Preisspanne von 47 bis 51 Dollar.
Softbank will retain approximately 90 percent ownership of Arm after the IPO and will receive proceeds of around five billion dollars from the sale of shares. Companies such as Apple develop processors for their devices based on the chip architectures designed by Arm. The semiconductor company Qualcomm, whose chips power many Android phones, also relies on Arm’s chip architecture. These companies pay royalties to Arm for the use of its chip architecture.
Arm designs have become dominant in smartphones and tablet computers, surpassing Intel’s chip systems, partly due to their lower power consumption. Additionally, Arm-based chips are now being utilized in data centers, and Apple has incorporated them into their Mac computers.
Softbank hatte die britische Firma Arm 2016 für 32 Milliarden Dollar gekauft und von der Börse genommen. Ein Verkauf an den Chipkonzern Nvidia scheiterte im vergangenen Jahr an Bedenken von Wettbewerbshütern. Danach wurde der Börsengang beschlossen, dessen Erlös Softbank zugutekommen soll.