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SoftBank’s Arm Files for Biggest IPO of Year With Eye on AI

SoftBank Group Corp.’s Arm Holdings Ltd. took a step toward what’s set to become the biggest US initial public offering of the year, a bet that the once-obscure designer of phone chips can flourish in the era of artificial intelligence computing.

Spirit AeroSystems Investors Lose False Statements Suit Appeal

Spirit AeroSystems Holdings Inc. investors didn’t plead the level of intent necessary to show the company’s allegedly misleading statements about orders from the part maker’s client Boeing Co. and about its accounting controls amounted to securities fraud, a divided Tenth Circuit panel ruled.

All About Arm and Why It’s The Biggest IPO of 2023: QuickTake

What’s set to be the biggest initial public offering of 2023 comes from a company unknown to most consumers, though they use its products. Arm Ltd. designs key parts of the chips powering almost every smartphone on the planet. That’s given the Cambridge, UK-based company enormous strategic importance in the technology industry. The IPO, expected to value the company at between $60 billion and $70 billion, is likely to draw in some of its biggest customersas anchor shareholders, and even some competitors, all keen to uphold the neutrality that’s vital to Arm’s success.