Arm Shifts Focus to US Listing, Citing Deeper Investor Base and Higher Valuations

Arm is a semiconductor and software design company that provides the underlying technology for many of the world's most popular electronic devices, including smartphones, tablets, and smart home devices. SoftBank Group acquired Arm in 2016 for $32 billion and has been exploring options to take it public since then.

According to sources, SoftBank Group initially planned to list Arm on the London Stock Exchange, but has now decided to focus on bringing the company to the US market. The decision was reportedly made due to the deeper investor base and higher valuations available in the US.

While Arm's headquarters will remain in Cambridge, UK, there is little chance of a secondary listing in London, according to insiders. The company's valuation target last year was reportedly at least $60 billion, and SoftBank Group's founder Masayoshi Son has been vocal about his desire to bring Arm to the US market.

For electronic components distributors, this news may have implications for the availability and pricing of Arm's technology, as a successful public listing could lead to increased investment and growth for the company. Additionally, Arm's decision to focus on the US market may impact its relationships with European and Asian partners, potentially leading to changes in the supply chain for electronic components.