Jim Cramer Discusses These 18 Stocks & President Trump’s $500 Billion AI Plan

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16. Arm Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders In Q3 2024: 38

Arm Holdings plc (NASDAQ:ARM) is one of the most important semiconductor design companies in the world. Not only are its product designs used in the majority of smartphone processors sold worldwide, but the firm is also playing a growing role in the data center industry. Arm Holdings plc (NASDAQ:ARM)’s chip designs power custom data centers, and it was at the center of President Trump’s $500 billion Stargate AI announcement. During his show, Cramer interviewed Arm Holdings plc (NASDAQ:ARM) CEO Rene Haas and commented:

“Rene has been, by virtue of the fact that Arm is a crucial partner here. It’s one of Stargate’s first technology partners.

“When you think about Arm, these are all ancillary plays that are making fortunes. Now no one really wants to be an ancillary play.”

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