11 AI News and Ratings You Shouldn’t Miss

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4. Arm Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders: 38

Arm Holdings plc (NASDAQ:ARM) designs and licenses CPU architectures, semiconductor technologies, and system IP for various industries worldwide. On February 6, TD Cowen analyst Krish Sankar maintained a Buy rating on ARM Holdings with a $200 price target, due to strong growth potential.

The company exceeded December quarter revenue guidance, driven by licensing and royalties. Future projections align with market expectations. ARM’s parent’s AI initiatives, such as Stargate and Cristal Intelligence, are seen as contributors to long-term growth, despite increased R&D costs.

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