ARM on track to be the UKs most valuable company

somerandomusername

Currently position 3, it's so good to finally see a technology company in the top 10. It isn't a coincidence that the only real tech company we have is going to become number 1 by market cap.

Technology is valuable, as a country we really need to create a job market that favours technology. Like the US implemented the CHIPS act for example. That wouldn't really work for us since we only have 1 chip company, but would could incentivise start ups to pursue technology somehow.

Maybe making it so if you study a computer science or electrical engineering related degree, your student loan should be subsidised by the government. Any other subject like law or finance or chemistry and you pay the full whack.

InvesterJones

Unfortunately computer science is at risk of dying as a future career, producing more graduates could increase unemployment rates further.

masonic

It may be #3, but you won't find it in a UK index fund or most managed UK funds as it's listed on the NASDAQ.

Agree with @InvesterJones that career-wise, someone starting university later this year to study a degree relevant to this area will likely leave to find a very challenging job market.

cloud_dog

https://forums.moneysavingexpert.com/discussion/6665727/arm-on-track-to-be-the-uks-most-valuable-company

I thought ARM was bought by Nvidia?

MattMattMattUK

https://forums.moneysavingexpert.com/discussion/comment/81977527#Comment_81977527

Nope. It failed and competition regulators would never allow it. If they try it again and there was a chance of it going through there is a proposed alliance of about 15 other tech companies who would buy it jointly to keep those designs available to all as well.

Albermarle

https://forums.moneysavingexpert.com/discussion/comment/81977475#Comment_81977475

Yes, I think in fact a degree in a more traditional science area, like engineering, would more likely give you a better career.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81977483#Comment_81977483

I like it when British companies list abroad as it means I can avoid paying SDRT. I always look at their prices in New York and Amsterdam before London.

poseidon1

Arm Holdings remains 90% owned by Japan's Softbank ( despite the minority share listing) so to all intents and purposes a Japanese owned business since 2016.

It was considered at the time a resounding vote for the 'benefits' of brexit, rather than a predatory opportunist targeting of what used to be the UK's most promising growth tech business.

From my perspective as an investor it was a particularly egregious example of the UK's inability to retain within its borders tech businesses with truly global reach.

On the employment front , Softbank originally pledged to grow the the UK worforce as one of the condition of the takeover. However predictably by 2022, it had since lost 40% of ARM's enlarged UK workforce, with more and more of the employed work force together with the group's taxable profits deployed outside the UK - see link below

https://www.ft.com/content/932c6422-f7c8-4f61-a1ad-51cea238e2fb?syn-25a6b1a6=1

Bostonerimus1

ARM and NVIDIA don't make anything, they design stuff and then it is made by Intel, Samsung or TSMC.

sausage_time

https://forums.moneysavingexpert.com/discussion/comment/81978392#Comment_81978392

While NVIDIA don't fabricate their own chips they most definitely do sell chip and board based systems.

ARM are also planning to sell their new AI-focused data center chips, the "Arm AGI CPU".

Bostonerimus1

https://forums.moneysavingexpert.com/discussion/comment/81978499#Comment_81978499

Board/rack assembly is also sub-contracted to companies like Foxconn.