Arm looks to raise as much as $10bn at its debut into the public market.

Earlier this year, bankers valued the chipmaker at between $30bn and $70bn.

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UK chipmaker Arm targets $60B-plus valuation for September IPO

Often described as the UKs leading IT company, Cambridge-based Arm designs energy-efficient computer chips.

Around 95% of the worlds smartphones use its technology.

Both Nvidia and Intel are now intalksto become anchor investors in the British firm.

Siôn Geschwindt

Theres this raised awareness now of what Arm does and the role that it plays.

Going public could be the funding boost Arm needs to further exploit these rapidly emerging markets.

Story bySion Geschwindt

Sion is a freelance science and technology reporter, specialising in climate and energy.

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