Translated data: UK-based chip design company Arm went public on the Nasdaq, closing 25% above its issue price on the first day, with a market capitalization of approximately $65 billion. Arm's products are used by companies such as Apple, Samsung, Nvidia, and Google, and are crucial for the production of smartphones, laptops, video games, televisions, and GPS devices. This successful listing could pave the way for other companies to become significant IPOs. Concerns about economic recession and high interest rates have led to a reduction in valuations, and trading volumes have dropped to their lowest levels in over a decade. However, there are still many healthy companies waiting to go public. Goldman Sachs was the lead underwriter for this IPO.