British chip designer Arm, owned by Softbank, is planning a $5 billion IPO to raise funds and be valued at over $50 billion. Despite the growing interest in semiconductors and artificial intelligence, analysts believe Arm may not immediately benefit from the AI boom like Nvidia. Arm aims to shift investor focus towards the potential of AI on the edge, where it is expected to be a significant player in designing low-power, high-performance chips for AI applications on devices like smartphones and cars.