Two-Thirds of 15 Top Tech IPOs have Held or Gained Value

Two-thirds of the top 15 tech companies that went public since 2022 have either maintained or gained value. The AI boom has been a major growth driver for several of these companies, though the impact has not been universal.

Arm, a leader in AI computing hardware, has seen its value nearly triple since its IPO, due to its critical role in designing chips for firms like Nvidia. Tempus, which uses AI in precision medicine, has grown by 31%, while Astera Labs, providing AI infrastructure and connectivity solutions, has seen a 45% increase since its IPO filing earlier this year.

However, not all tech companies have thrived post-IPO. 4Paradigm, a China-based enterprise AI firm, saw its value plummet by 56%, largely due to geopolitical challenges, including its placement on a US export control list.

This mixed performance highlights that while AI is fueling growth for many tech firms, external factors like geopolitics can still heavily influence outcomes in the public markets.