SoftBank's Son aims for 'biggest ever' chip IPO with Arm

Technology investor posts 98% profit decline as valuations in sector fall

SoftBank CEO Masayoshi Son aims to take Arm public in "the largest IPO in semiconductor history," after a planned sale to Nvidia collapsed due to regulatory concerns. (Photo courtesy of SBG)

WATARU SUZUKI, Nikkei staff writer

February 8, 2022 15:09 JST

Updated on February 8, 2022 21:22 JST

TOKYO -- SoftBank Group Chairman and CEO Masayoshi Son on Tuesday said he plans to take U.K. semiconductor design company Arm public in what would be "the largest IPO in semiconductor history," after a deal to sell it to U.S. chipmaker Nvidia was scrapped on regulatory pushback.