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32. Arm Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders: 38

Arm Holdings plc (NASDAQ:ARM) architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers. Latest reports indicate that chipmaker Intel has rejected approaches from Arm regarding the acquisition of the product division of the former.

Intel insisted that the product division of the firm was not for sale. Arm Holdings plc (NASDAQ:ARM) inquiry into the matter did not extend to the manufacturing unit of the chipmaker, per reports. Intel has already entertained purchase offers from QUALCOMM, Broadcom, and Apollo Asset Management, but has yet to accept any of them.

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