Nvidia Sets the Stage for Arm IPO to Ride AI Wave
- AI expected to be driver of growth as Arm’s sales slow
- Chip designer to go public after SoftBank bought it in 2016
The Nvidia headquarters in Santa Clara, California.
Photographer: Philip Pacheco/BloombergThis article is for subscribers only.
The timing for Arm Ltd.’s return to the public markets couldn’t get much better.
Wall Street is swooning over Nvidia Corp.’s blockbuster quarterly results, investors are flocking to anything connected to artificial intelligence, and money managers are clamoring to put money to work after the IPO market had run dry for more than 18 months.