It has been just over a year-and-a-half since Arm Holdings (ARM -0.34%) made its stock market debut on the Nasdaq exchange in September 2023, and anyone who bought shares of the British technology company during its initial public offering (IPO) is sitting on tremendous gains of 159% as of this writing.
It may not be a stretch to call artificial intelligence (AI) this generation's most significant growth opportunity. Just think briefly about how much the world has changed since ChatGPT became a thing, and that was just at the end of 2022.
U.K. chip designer Arm is making an aggressive move into the personal computer (PC) market long dominated by Intel, as the rise of artificial intelligence (AI)-powered personal computing reshapes the industry and opens new opportunities for the company.
There's no denying artificial intelligence (AI) technology has made enormous strides in just the past few years. But the businesses advancing it have still only scratched the surface of the underlying opportunity.
Like a lot of high-priced tech stocks, Arm Holdings (ARM 5.34%) has been volatile over the last year. Its shares have whipsawed as investors assess the central processing unit (CPU) architecture specialist's future, and that was on display in its latest earnings report.
Shares of Arm Holdings (ARM 6.28%) are moving higher today for two primary reasons. First, there was an upward trend in semiconductor stocks as several companies announced AI deals in the Middle East, assuaging concerns that "AI diffusion" rules won't be as strict as some had feared.
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