10 AI News You Should Definitely Take a Look At

6. Arm Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders: 38

Arm Holdings plc (NASDAQ:ARM) creates, develops, and licenses CPU products, system IPs, and related technologies for various industries, such as automotive, IoT, and consumer electronics. Susquehanna raised its price target on Arm (NASDAQ:ARM) to $140 from $118, maintaining a Neutral rating. The firm updated its semiconductor forecasts and predicted a 6% decline in 2025 wafer fab equipment spending to $94B, followed by 6% growth in 2026. Wafer fab spending is expected to stay between $90B and $100B through 2026. However, the firm anticipates that increased test time and diversified end-market demand will support growth.