UK refuses to give up on scoring Arm London listing

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UK govt refuses to give up on scoring Arm dual-listing for London

's resignation. Former digital minister Chris Philp is reported to be linking up with Kwarteng to help out.

Arm is the Switzerland of the tech industry in that it licenses designs to all chipmakers that are willing to pay. Nvidia may have changed things to its own advantage, at least that was the concern.SoftBank seems to be leaning toward a listing on the New York Stock Exchange, largely because businesses tend to have higher valuation when they float there – a point LSE chief exec Julia Hoggett previously dismissed.

 

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