The eyes and ears of the technology world have been ARM‘in. The company, which is among the leading chip design and licensing companies in the world, has been IPO problem was on the agenda and the topic that almost everyone was talking about has come to an end. Since yesterday NASDAQARM, which started listing on , showed impressive performance on its first day.

ARM’s IPO price, which attracted investors from all over the world $51 It was announced as. In other words, those who wanted to buy ARM stock during the bookbuilding period paid $51 per lot. However, with the opening of NASDAQ, this price remained cheap. On the first day of trading 28 percent ARM shares gain value, to $65.43 rose. ARM has written history with this development. However, we should note that shares fell to $63.59 when the transaction closed.

It was the largest public offering of the year!

*ARM stock price chart.

The statements about ARM noted that it raised $4.87 billion in revenue from the public offering. ARM increased its valuation with this increase in sales. to $54.5 billion has increased. According to these statistics, ARM’s IPO was the largest IPO of the year. As an aside, a small portion of the company went public, while SoftBank continues to control about 90 percent of ARM. Nevertheless, demand is lower than the opened lot value. was more than 10 times…

Why was ARM’s IPO such a hot topic?

The general opinion of economists about ARM is artificial intelligence effect. Artificial intelligence, which has only just entered our lives, is causing companies operating in this sector to attract attention. As such, shares of AI-focused companies are rising, and as we see with ARM, huge investments are being made in the IPO process. explosions It’s happening. Just a few weeks ago, NVIDIA increased its profits by 100 percent and last quarter’s profits by 800 percent. what we convey Let us remind you.

We may continue to see ARM-like IPOs

This is what financial expert Daniel Morgan, who has been in the industry for more than thirty years, says. get started. Morgan explains that investment banks are starting to get excited about AI-focused companies and says he thinks other AI-related companies, like ARM, will go public one by one. Another financial expert, Chuckie Reddy, said the increase in the value of ARM shares on the first day was due to the public offering process. will be a trigger he claimed. According to Morgan this is the case. However, Morgan thinks this will only be about artificial intelligence and technology companies…

Remark: This content should not be considered investment advice.