Arm owner SoftBank reports £1.2bn profit as it shifts towards AI
Tech investor led £800m funding round into UK self-driving car software company Wayve
February 2024
Shares in chip designer Arm soar by more than 50% leaving it valued at $120bn
Chief executive, Rene Haas, says UK-based firm is benefiting from huge demand for AI-powered products and apps
September 2023
Business live
Arm shares soar 25% over IPO price in US stock market float; FTSE 100 posts best day of 2023 – as it happened
Shares in UK chip designer are making a successful debut on the US stock market today, while UK blue-chip stocks post their best day since last November
UK chip designer Arm soars on Nasdaq debut to notch $65bn valuation
Investor appetite for shares in SoftBank-owned tech firm pushes shares up close to 25% in much-hyped initial public offering
UK chip designer Arm valued at $51 a share ahead of Wall Street IPO
Nils Pratley on finance
Arm’s move to Nasdaq not all plain sailing as US market shows scepticism on IPOs
Nils Pratley
UK chip designer Arm ‘cuts target valuation before Nasdaq listing’
August 2023
UK chip designer Arm starts US listing process after snubbing London
New York’s Nasdaq to host IPO after British government failed to persuade tech firm to list in UK
July 2023
Nvidia in talks to be anchor investor in Arm flotation, say reports
Semiconductor powerhouse could invest hundreds of millions of dollars in Cambridge-based firm
May 2023
Arm co-founder partly blames ‘Brexit idiocy’ for US flotation
Hermann Hauser says UK chip designer rules could seek secondary listing in London later
March 2023
UK chip designer Arm chooses US-only listing in blow to Rishi Sunak
PM had held talks with firm’s owner SoftBank in effort to make London first choice for tech flotations
Nils Pratley on finance
The London market needs a plan to avoid irrelevance, not endless consultations
Nils Pratley
The decision by CRH to move from the City is understandable, but the group should avoid complacency
Blow to London Stock Exchange as big FTSE 100 firm moves to New York
Decision by CRH a set back for PM’s hope of making City a more attractive place for companies to list
February 2023
City watchdog may ‘ease rules’ in order to secure $40bn Arm listing
Officials locked in talks with tech firm’s Japanese owner, SoftBank, according to Sunday Times report
January 2023
Rishi Sunak restarts talks on London listing for UK tech firm Arm
Japanese investor SoftBank thought to favour New York for computer chip designer’s IPO
November 2022
UK chip designer Arm delays listing until later in 2023
Cambridge-based company blames global uncertainty but says IPO preparations are ‘advanced’
September 2022
Truss and Kwarteng in fresh push to persuade SoftBank to list Arm in UK
Cambridge-based chip designer’s owner prefers US to London but PM and chancellor aim to revive talks
July 2022
Observer business profile
Hermann Hauser, founder of Arm: ‘Brexit is the biggest loss of sovereignty since 1066’
SoftBank ‘halts plans’ for Arm’s London listing amid political instability
June 2022
Owner of UK chip designer Arm says London still in running for flotation
SoftBank chief has been lobbied to bring public offering to the UK but says Nasdaq still his ‘main preference’
