Chip design firm Arm sets share price between $47 and $51 for blockbuster U.S. IPO

The Arm website on a laptop arranged in New York, US, on Wednesday, Aug. 23, 2023. 

Gabby Jones | Bloomberg | Getty Images

Chip design firm Arm on Tuesday submitted an updated filing for its upcoming blockbuster initial public offering on the New York Stock Exchange, setting a price range between $47 and $51.

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