On the Eve of Its IPO, Arm Falls Short of Expected Valuation, Not the Next Nvidia, but Still the Year's Largest Global IPO

$Arm Holdings (ARM.US)$ , the chip design company that has always been highly regarded by $SoftBank Group (ADR) (SFTBY.US)$ and even considered a matter of life and death by Masayoshi Son, has begun its roadshow this week. While Arm's position in the chip industry remains unshakable, its target valuation suggests that it understands it won't become the next $NVIDIA (NVDA.US)$ .
On Monday, September 4th, according to insiders cited by the media, the target valuation for the UK-based chip design company Arm is between $50 billion and $55 billion. Some analysts have provided a valuation range for Arm between $45 billion and $50 billion, while SoftBank recently acquired 25% of Arm, which it didn't directly own, from its Vision Fund, valuing Arm at $64 billion. It's reported that SoftBank aims to sell about 10% of the issued shares in this offering.
However, Arm will still be the largest IPO globally this year and serve as a significant indicator of investor interest in large tech companies going public during a period of high-interest rates. This target valuation still reflects considerable optimism in the market about Arm.