The Semiconductor Fanfare Continues
The market remains hesitant to jump on any new initial public offerings. However, those in the semiconductor sector are seeing the most interest as investors look for ways to participate in the artificial intelligence boom. 🤖
Weeks after ARM Holdings went public in the U.S., Japanese semiconductor equipment maker Kokusai Electric went public on the Tokyo Stock Exchange. The company sold 58.8 million shares, raising 108 billion yen, making it the largest listing since SoftBank in December 2018.