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Viewsroom

Arm float may deepen cracks in IPO market

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 17 August 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

The chip designer is preparing a stock market listing in the US. Orders are already being lined up from customers like Amazon.com but in this Viewroom podcast Breakingviews columnists explain why it may not get a lofty valuation and how that could put off possible followers. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts. It knows your schedule.

0:15.0

It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another AI.

0:23.3

It's AI that knows your work as well as you do.

0:26.4

Visit Slack.com forward slash meet Slackbot to learn more.

0:30.3

The views expressed on this podcast are those of the participants, not of Rorges News.

0:38.2

Right now, IPOing it is an interesting time given how the IPO market is doing right now,

0:45.0

but it's also coming at a very good time in some sense because of a recent AI arm race

0:51.9

has helped increase the share prices of a semiconductor stock,

0:56.4

especially in Vedia.

0:57.7

So it will create kind of like a good base for Arm to argue for a higher valuation.

1:03.2

Arm could raise up to $10 billion through a long-awaited stock market listing in the US.

1:09.1

But what is a company that is in the sweet spot of chip designing

1:12.3

worth? And why is there such a gap in expectations among investors and bankers? Stay tuned to

1:18.8

find out in this week's Viewsroom. Welcome back to the Viewsroom, a podcast from Reuters

1:25.4

Breaking Views, where columnists from around the world

1:27.7

talk about the big stories of the week. I'm your host, Amy Donnellin, coming to you from London.

1:34.6

Arm is preparing for a bumper listing, but as an interesting quirk, the UK-based chip designer

1:40.4

is looking to sell shares to its large customers like Amazon.com ahead of the NASDAQ

1:45.4

IPO. But will all this preparation and perceived support ensure it gets a decent valuation?

1:52.0

Here to talk to me about this very interesting situation is Karen Kwok, our technology guru,

...

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