The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66

Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say

The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West

SoftBank has reportedly picked Goldman Sachs, JPMorgan Chase, Barclays and Mizuho Financial Group to lead the US listing.

The China business is the exclusive distributor of Arm chip technology in China and develops and sells its own chip designs based on Arm

The development means that Chinese tech giant Alibaba will not be able to buy Arm’s latest Neoverse V series, as its advanced capacity is blocked by US and UK export controls

Arm unveiled its latest micro controller design and two new systems to help reduce development time of the so-called "Internet of Things" of connected devices.

Arm's inability to audit the financials of the unit, which contributed about one-fifth of revenue last year, is a big sticking point for a blockbuster public offering.

UK microchip maker Arm says payment allegations have been made against a top manager at its joint venture Arm China, which has complicated the takeover offer by Nvidia, a new report says