15 AI Stocks That Are Dominating Headlines

9. 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 13, the company announced that Equal1, an Ireland-based quantum computing powerhouse, had successfully tested the first chip incorporating an Arm Cortex processor at an astonishing temperature of 3.3 Kelvin. This is just a few degrees warmer than absolute zero, the theoretical lowest possible temperature where atomic motion nearly stops. The achievement is important for quantum AI applications, an area where quantum computing could dramatically improve efficiency.