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Arm prices IPO at $52 per share, valuing chip designer at $55.5B
- cainxinth 3y agoAm I wrong in assuming that much of that valuation stems from the belief not that Arm is going to be a money making machine, but that it is a perennial takeover target, and all it will take is one new rumor of a tech giant thinking of acquiring it in the coming months for the stock to pop?