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Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO

Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO

SoftBank CEO Masayoshi Son against a backdrop illustrating SoftBank Group and the Arm unit in 2016.

Bloomberg | Bloomberg | Getty Images

Chip design firm Arm on Tuesday said it is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the Nasdaq stock exchange in New York, according to a fresh filing.

The deal could value the company at as much as $52 billion.

Arm submitted its

with the…

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