Arm Holdings, the British chip designer owned by Japan's SoftBank, made a remarkable return to the public markets as its shares surged by nearly 25 percent above their Nasdaq debut price on Thursday, Reuters news report said. This strong performance has reignited investor optimism for initial public offerings (IPOs), which had faced challenges in recent years due to geopolitical tensions and rising interest rates. Arm 's stock opened at $56.10 and closed at $63.59, marking a gain of 24.68 percent and giving the company a valuation of $65 billion. The IPO had been priced at $51. This resurgence in Arm's value suggests renewed investor demand for IPOs and demonstrates the vitality of the artificial intelligence (AI) theme in the market, according to industry experts. Salman Malik, a partner at Anson Funds in Toronto, described Arm's IPO as successful and noted its positive impact on the IPO pipeline.