14 AI News You Should Pay Attention To

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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 11, Loop Capital raised the price target on the stock to $180 from $130 and kept a Buy rating on the shares after its Q2 earnings beat. The biggest takeaway from the quarter is that the company is going to continue to have multifaceted pathways increasing momentum over the next few years in Smartphones, Data Centers, and very likely PCs, the advisory told investors in a research note. Arm looks well positioned to continue to drive strong growth despite softening Android and iPhone units, Loop added.

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