Chip Designer Arm Surges In IPO But Valuation Questioned 👀

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All eyes on big Arm share float for clues of AI future. On Thursday the chip designer ARM Inc debuted on the Nasdaq with a valuation of over 50 billion dollars. Chip designer Arm scored an initial valuation of $54.5 billion in its initial public offering. Absolutely risky to short $ARM with a free float of 9% Arm IPO could benefit from low free float and 'scarcity value'

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