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Arm Set to Achieve $54.5 Billion Valuation in Upcoming IPO

In an eagerly awaited move, Arm, the renowned chip designer under the umbrella of SoftBank Group Corp (9984.T), has garnered significant investor support, propelling its valuation to at least $54.5 billion in its impending initial public offering (IPO). This development comes from a source intimately familiar with the situation, who disclosed the information on Tuesday. […]