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Taiwan's TSMC plans US$100M investment in Arm IPO; Arm owner SoftBank hopes to raise between US$4.5B-$5.2B through the offering of some 10% of the chip designer

Arm expects revenues to rise 11% this year, and 25% in 2024, on high demand for microchips; Arm CEO expects revenue growth of around 15% or above in FY2026

SoftBank's Arm to ask for US$47-US$51 per share in Nasdaq IPO, equating to valuation of US$50B-US$54B; major clients to invest include Apple, Nvidia, Alphabet, AMD, Intel, Samsung, and California-based Cadence Design Systems, Synopsys

Arm Holdings to launch investor tour as it prepares for September IPO on Nasdaq, expecting to set share price range next week; Arm owner SoftBank is planning to sell approximately 10% of Arm's shares at a valuation between US$60B-US$70B

Arm's unique microchip design has been instrumental in powering Apple's success, licensing its designs 30 billion times for iPhones, iPads, laptops, sensors, servers, cars; owner SoftBank to entice some of its biggest customers to be key investors on IPO

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