ARM Stock Recent News
ARM LATEST HEADLINES
Arm Holdings PLC (NASDAQ:ARM) and Palantir Technologies Inc (NASDAQ:PLTR) shares are tumbling amid a broader market selloff.
The semiconductor giant Nvidia (NVDA -1.51%) is quite the company, developing high-end graphics processing units (GPUs) that help power artificial intelligence (AI) applications. Many investors view Nvidia as the picks-and-shovels play for AI, which would be pretty remarkable given how much AI is expected to change nearly all aspects of our daily lives.
Jenny Horne highlights three A.I. plays many investors may not realize are getting market buzz.
Shares of Arm Holdings (ARM -7.47%) were under pressure on Wednesday. The chip design company's stock lost 7.5% as of market close and was down as much as 8.1% earlier in the day.
CNBC's Becky Quick reports on the latest news.
Given the recent fall in Arm Holdings shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity.
Nasdaq Composite stocks stabilized in the last week, but the index is still in a correction following a sell-off fueled by weakening consumer sentiment, saber-rattling over tariffs, and concerns about stretched valuations after a surge across tech stocks in 2023 and 2024.
The Nasdaq Composite (^IXIC 2.27%) has spent much of March more than 10% off its all-time high, which put the index in correction territory. But Wall Street analysts see that drawdown an opportunity to buy shares of Arm Holdings (ARM 4.93%) and Upstart Holdings (UPST 6.25%).
Arm Holdings (ARM -0.08%) might not get as much attention as chip designer stocks like Nvidia, but it's one of the most important companies in the semiconductor industry. Its designs are found in more than 99% of smartphones.
Given that it includes three of the 10 largest companies in the world by market capitalization, the semiconductor and chipmaking industry sets a lofty standard for what it means to be an average-sized firm. Similarly, "small" semiconductor companies, or at least those that are smaller than titans like NVIDIA Corp. NASDAQ: NVDA, might still be valued in the hundreds of billions of dollars.