2023’s Biggest IPO: Trade Shares In ARM, A Pioneering Chip Designer

Cambridge-based ARM Holdings has made a name for itself by designing energy-efficient microprocessors. Its chips can be found in Apple and Samsung phones, cars, computers, and a range of other devices.

Key Takeaways

  • ARM Holdings is going public on 14 September and will trade on the NASDAQ
  • The semiconductor firm plans to list 95.5 million shares, priced between $47 and $51, with a valuation of over $52 billion
  • Shares in ARM can be traded at top brokers eToro, CityIndex and FxPro

Listing Details

Shares in ARM Holdings are scheduled to start trading on the Nasdaq stock exchange at 09:30 (ET).

95.5 million American Depositary Shares (ADSs) will be made available to the public, each representing an ordinary share. They will be available under the symbol ‘ARM’.

ARM shares on eToro platform
ARM shares on eToro

ARM Holdings has turned to several tier-one investment banks to manage the listing: JP Morgan Chase, Goldman Sachs, Barclays and Mizuho Financial Group.

The US listing will disappoint the UK government, whose ministers have been lobbying the firm to list on the London Stock Exchange in an effort to make London an attractive destination for prominent IPOs.

What Is ARM Holdings?

ARM Holdings is a leading semiconductor and software business that transformed the technology space with its energy-efficient designs of microprocessors.

It doesn’t actually produce computer chips, instead it sells licenses to other manufacturers. ARM receives royalties each time a company builds a chip using its designs.

More than 250 billion chips have been produced leveraging the firm’s designs, from the very first iPhone to the latest Samsung devices. Its technology also powers a range of other devices, from sensors to cars and supercomputers.

The company is headquartered in Cambridge, UK and employs more than 2,800 staff.

Where Can You Trade ARM Shares?

These are the 3 best brokers for trading shares in ARM Holdings:

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.
City Index is an established and award-winning forex, CFD and spread betting broker with top-tier global regulation, including in the UK (FCA) and Australia (ASIC). With 30+ years in the industry, 13,500+ instruments and 24/5 customer support, City Index is a solid pick for aspiring traders.
Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.