ARM Holdings PLC ADR ( (ARM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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ARM Holdings PLC ADR stocks are on the rise, driven by favorable trends in the handset, Client CPU, and Server CPU markets. The easing of tariff concerns in the smartphone supply chain and improved data, along with steady iPhone build plans, suggest modest gains. Furthermore, ARM’s strategic partnerships in AI with companies like Meta and OpenAI are boosting its stock performance. In response to these positive developments, UBS has raised its price target for the company.
More about ARM Holdings PLC ADR
YTD Price Performance: 33.14%
Average Trading Volume: 5,108,644
Technical Sentiment Signal: Buy
Current Market Cap: $180.8B
For further insights into ARM stock on TipRanks’ Stock Analysis page.
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