SoftBank-owned Arm to pursue US-only listing this year

SoftBank-owned Arm to pursue US-only listing this year

FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration

British chip technology firm Arm Ltd, owned by Japanese conglomerate SoftBank Group Corp, said on Friday it will pursue a US-only listing this year, ending speculation about a primary or a secondary listing in the UK.