Arm Holdings exceeded revenue and profit expectations in its latest quarter, driven by strong cloud AI and licensing growth despite weaker handset demand. Citi raised its fiscal 2027 revenue and EBIT forecasts modestly, highlighting the company's expanding market for AGI-related CPUs now valued at over $2 billion. Citi maintains a 'Buy' rating and sees Arm as a key beneficiary of long-term AI infrastructure growth, viewing recent share price dips as buying opportunities.
Arm Holdings is shifting focus from smartphone chips to hyperscale data centers and its own silicon, driving varied analyst outlooks. A $1,000 investment today could be worth between $844.70 and $3,763.30 by 2030, with a base case of $1,237.70. Growt...
Broadcom's stock fell 5% despite a DA Davidson upgrade tied to Anthropic's anticipated IPO and potential OpenAI listing next year. The semiconductor sector faced broad declines due to concerns over AI infrastructure spending and a weakening PC market...
