{"id":12783,"date":"2023-09-09T10:46:02","date_gmt":"2023-09-09T02:46:02","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=12783"},"modified":"2024-04-02T13:16:45","modified_gmt":"2024-04-02T05:16:45","slug":"weekly-kick-start-9-september-2023","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/weekly-kick-start-9-september-2023\/","title":{"rendered":"Weekly Kick Start | 9 September 2023"},"content":{"rendered":"\n

In this edition of Weekly Kick Start, we will be spotlighting the year’s most eagerly awaited tech IPO: ARM Holdings. The renowned British chip designer is seeking to capitalize on the AI buzz. Additionally, we will delve into the primary market drivers of last week and highlight what to watch for in the upcoming week.<\/p>\n\n\n\n

What We Are Interested This Week: ARM’s IPO\u00a0<\/em><\/strong><\/h1>\n\n\n
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Who is ARM Holdings?<\/h3>\n\n\n\n

While the name ARM might not ring a bell for many, if you have used a modern mobile phone, chances are, you have experienced the prowess of an ARM processor.<\/p>\n\n\n\n

ARM is a UK-based semiconductor company that designs ARM-based processors. Unlike other industry titans such as Intel or AMD, ARM does not mass-produce silicon chips. Instead, it designs the architectures and licenses these designs to other chip makers such as Apple, Samsung, and Qualcomm. <\/p>\n\n\n\n

More simply put, ARM is the \u201cbrain\u201d of the semiconductor industry. ARM\u2019s products are popular among chip manufacturers because they are innovative, efficient, and cost-effective.<\/p>\n\n\n\n

ARM was acquired by Softbank, a Japanese investment holding company, in 2016 for approximately US$32 billion. Now Softbank intends to sell 9.4% of ARM with a market capitalisation ranging between US$ 50 billion and US$55 billion.<\/p>\n\n\n\n

Why does ARM IPO attract so much attention?<\/h3>\n\n\n\n

These are some key reasons:  <\/p>\n\n\n\n

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