14 AI News Investors Are Paying Attention To

Page 5 of 14

10. Arm Holdings plc (NASDAQ:ARM)

Market Capitalization: $149 Billion

Arm Holdings plc (NASDAQ:ARM) architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers. On November 7, Barclays analyst Tom O’Malley raised the price target on the stock to $145 from $125 and kept an Overweight rating on the shares post the earnings report. The company’s reaffirmed outlook points to the fiscal year at least as good as previously thought, but there’s still upside ahead amid a solid v8/v9 transition and new data center ramps, the advisory told investors in a research note.

Page 5 of 14