Niaga AWANI: Arm's IPO Valuation Hits $54.5 Billion as Investor Backing Surges

Arm, the chip designer owned by SoftBank Group Corp, is set to achieve a $54.5 billion valuation in its initial public offering (IPO), thanks to strong investor support. This tech industry news discusses Arm's decision to accept the top end of its price range and potentially price its IPO even higher. Learn about the factors driving investor demand and the implications for Arm's stock market debut in New York.