Chip design firm Arm seeks up to $52 billion valuation in blockbuster U.S. IPO

Chip design firm Arm on Tuesday is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the New York Stock Exchange, according to a fresh filing.

The deal could value the company at as much as $52 billion.

Arm submitted its updated F-1 filing with the U.S. Securities and Exchange Commission, setting out its ambitions to once again become a publicly listed company. It was previously dually listed in London and New York, before SoftBank acquired it for $32 billion in 2016.