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How to buy Arm Holdings (ARM.US) stock in Canada

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Arm Holdings is a UK-based semiconductor design company founded in 1990 as Advanced RISC Machines Ltd, by Jamie Urquhart, Mike Muller, Tudor Brown, Lee Smith, John Biggs, Harry Oldham, Dave Howard, Pete Harrod, Harry Meekings, Al Thomas, Andy Merritt and David Seal.

Arm architects, develops and licenses central processing unit (CPU), graphic processing unit (GPU) and neural processing unit (NPU) products and related technologies for semiconductor companies and original equipment manufacturers (OEMs). Japanese investment holding company, SoftBank, acquired Arm in 2016 and took the company private after nearly 20 years as a public company. Arm once again went public on September 14, 2023.

According to Arm, it’s shipped more than 250 billion Arm-based chips since its inception. The company also announced on September 5, 2023, that it had entered into a new long-term agreement with Apple Inc. The partnership gives Apple access to the Arm architecture, which it uses in its iPhone and Mac chips, beyond 2040.

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Our selection of top picks is based on the same criteria as our annual Stock Trading Platform Awards. This is updated yearly to reflect changes in the market.
“Best for” picks are those we’ve evaluated to be best for specific product features or categories – you can read our full methodology here. If we show a “Promoted” pick, it’s been chosen from among our commercial partners and is based on factors that include special features or offers, and the commission we receive.
This isn’t an exhaustive list of all the trading platforms out there. What’s best for you depends on your own investing strategy, budget and financial goals.

What we know about the Arm Holdings IPO
Arm Holdings shares traded higher Thursday, September 14th 2023 after the stock opened for trade at $56.10 just after 12 p.m. noon ET, 10% above its IPO price of $51. The stock reached a high of $61.99 within the first half hour of trading. You can view the prospectus here. We’ll update this page as more information becomes available.
Note: all dollar amounts on this page are in US dollars unless otherwise stated.

How to buy Arm Holdings stock
Before you can invest in Arm Holdings, you’ll need to open a brokerage account.

Compare stock trading platforms. Use our comparison table to help you find a platform that fits your needs.
Open your brokerage account. Complete an application with your details.
Confirm your payment details. Fund your account.
Research the stock. Find the stock by name or ticker symbol – ARM.US – and research it before deciding if it’s a good investment for you.
Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

Will I be able to buy Arm Holdings stock in Canada?
You won’t be able to buy Arm Holdings stocks on a Canadian stock exchange like the TSX. Instead, you need a Canadian broker that provides access to international stock exchanges.
You can access US exchanges like the NYSE and the NASDAQ using Canadian trading platforms like Qtrade, Wealthsimple, Scotia iTRADE and CIBC Investor’s Edge.
Interactive Brokers provides access to many stock exchanges outside North America like the Hong Kong Stock Exchange (SEHK), Korea Stock Exchange (KSE), National Stock Exchange of India (NSE), Frankfurt Stock Exchange (FWB) and London Stock Exchange (LSE).

How to buy international stocks in Canada

How do similar companies perform?

It’s impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Arm Holdings stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

Apple (AAPL.US)

Company summaryApple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allow customers to discover and download applications and digital content, such as books, music, video, games, and podcasts. In addition, the company offers various services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV+, which offers exclusive original content; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.Historical performanceStock informationMarket capitalization: $2723633954816P/E ratio: 29.2299PEG ratio: 2.7503Dividend yield: 0.0054%Get more detailed information and learn how to buy AAPL.US stock

Intel Corporation (INTC.US)

Company summaryIntel Corporation designs, develops, manufactures, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics, Intel Foundry Services, and Other segments. The company offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and accelerators, boards and systems, connectivity products, and memory and storage products. It also provides high-performance computer solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, the company offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other equipment manufacturers. The company has a strategic partnership with Synopsys, Inc. to develop EDA and IP solutions. The company The company was incorporated in 1968 and is headquartered in Santa Clara, California.Historical performanceStock informationMarket capitalization: $159185879040PEG ratio: 12.6852Dividend yield: 0.0135%Get more detailed information and learn how to buy INTC.US stock

NVIDIA Corporation (NVDA.US)

Company summaryNVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software. The company’s products are used in gaming, professional visualization, datacenter, and automotive markets. NVIDIA Corporation sells its products to original equipment manufacturers, original device manufacturers, system builders, add-in board manufacturers, retailers/distributors, independent software vendors, Internet and cloud service providers, automotive manufacturers and tier-1 automotive suppliers, mapping companies, start-ups, and other ecosystem participants. It has a strategic collaboration with Kroger Co. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.Historical performanceStock informationMarket capitalization: $1125850808320P/E ratio: 110.099PEG ratio: 4.0412Dividend yield: 0.0004%Get more detailed information and learn how to buy NVDA.US stock

Buy Arm Holdings stocks from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms. Note: The dollar amounts in the table below are in Canadian dollars.

Tax implications of buying US stocks in Canada
Canadians who earn dividends from US stock investments must pay the US Internal Revenue Service (IRS) a 15% withholding tax on their earnings. The rate goes down to 10% for bonds and other interest-yielding US investments.

An exception is made for stock investments held in trusts designed to provide retirement income. This includes RRIFs, LIRAs, LIFs, LRIFs and Prescribed RRIFs. RRSPs that hold US stocks, bonds or ETFs are also exempt from US withholding tax. RESPs, TFSAs and RDSPs are not exempt.

Canadian and international investment income must be declared on your Canadian tax return. Unless your US earnings are exempt from withholding tax, this means you’ll be taxed by both the IRS and the CRA. The CRA may allow you to claim foreign tax credits for any taxes you’ve already paid to the IRS.

Speak with a tax professional to find out what rules and exceptions apply in your circumstances.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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