What is the estimated amount Arm plans to raise through its IPO on NASDAQ in 2023?
US$4 billion
US$6 billion
US$8 billion
US$10 billion
Answer
Arm plans to raise an estimated US$8 billion through its initial public offering (IPO) on NASDAQ in 2023. This move comes after the collapse of the planned takeover deal by Nvidia and marks a significant event in the company's history.
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