In this video, I will cover the recent updates regarding Arm Holdings (ARM -10.19%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
This year has begun in much in the same way as the previous two: with the bulls firmly in charge. Last week, the widely followed S&P 500 officially erased a 5% pullback and blasted its way to another record-closing high.
Growth stocks usually don't look like bargains on the surface. Arm Holdings (ARM -2.43%) and Reddit (RDDT 0.23%) are certainly pricey, but both have unique advantages that bode well for the future.
Among the biggest market drivers over the past couple of years have been the developments in the artificial intelligence (AI) industry. In simplest terms, AI's advanced algorithms can be deployed to streamline and automate many time-consuming tasks, freeing up people for higher-level work.
Shares of Arm Holdings (ARM -2.43%) were trading higher this week. The company's stock gained 8.9% as of market close but was up as much as 13% earlier in the week.
Arm Holdings (ARM -7.43%) is a key player in the global semiconductor industry. It designs, develops, and licenses its intellectual property (IP) to major chipmakers and original equipment manufacturers (OEMs), who then use the British company's IP to create central processing units (CPUs) and other products, such as graphics processing units (GPUs) and neural processing units (NPUs).
One day after Arm Holdings (ARM -8.11%) soared on news of the Stargate artificial intelligence (AI) project, shares of the chip design company known for its energy-efficient CPU architecture were pulling back.
Arm Holdings (ARM) shares will likely remain on investors' radar screens after surging 16% Wednesday following news that the chip design company will be a technology partner in the $500 billion artificial intelligence (AI) Infrastructure project announced this week by the Trump administration.
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