This year's blockbuster IPO is between a rock and a hard place: listing in New York or London won't change Arm's fortunes in brutal downturn

Jan 10 2023 by Business Insider

 
Arm was bought by SoftBank in 2016 for $32 billion.

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ARM is preparing for an IPO in 2023 that couldn't come at a more tricky time. The SoftBank-owned chip designer will enter the market during a brutal downturn. The chip sector has particularly suffered as it continues to reckon with supply chain issues.

The listing of Arm on the stock exchange in 2023 is set to be one of the year's standout IPOs – but the timing for a blockbuster public market entry couldn't be worse. 

The UK chip...

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