
SoftBank CEO Masayoshi Son against a backdrop illustrating SoftBank Group and the Arm unit in 2016.Bloomberg | Bloomberg | Getty ImagesChip design firm Arm on Tuesday said it is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the Nasdaq stock exchange in New York, according to a fresh filing.The deal could value the company at as much as $52 billion.Arm submitted its updated F-1 filing with the U.S. Securities and Exchange Commission, setting out its ambitions to once again become a publicly listed company. It was previously dually listed in London and New York, before SoftBank acquired it for $32 billion in 2016.As a British company, Arm qualifies as a foreign private issuer in the U.S. and its shares will count as American depositary shares, or ADSs. The company will list 95.5 million ADSs at a price range between $47 and $51. At the upper end of that range, CNBC estimates that Arm will likely raise …