ARM Holdings

Arm Holdings (NASDAQ:ARM) has witnessed a significant surge in the number of customers using its chips in data centers, a 14-fold increase since 2021. This growth is attributed to the company’s strategic expansion into the PC market and the rising demand for AI computing. What...

Arm Holdings (NASDAQ:ARM) expects its data center central processing unit market share to reach 50% by the end of 2025, up from around 15% in 2024. Arm’s infrastructure chief, Mohamed Awad, told Reuters that the UK-headquartered Arm’s technology, which is 90% owned by Japan’s...

Wednesday’s trading session saw the S&P 500 and Dow Jones Industrial Average hitting record highs, driven by investor optimism following the election of Donald Trump as the 47th U.S. president. The S&P 500 index climbed 2.5% to 5,929.04, while the Dow soared over 3.6% to 43,729.93,...

Major U.S. indices had a mixed performance on Wednesday. The Dow Jones Industrial Average closed slightly down by nearly 0.1% at 38,712.21, while the S&P 500 rose by 0.85% to 5,421.03. The Nasdaq also finished in positive territory, gaining 1.5% to reach 17,608.44. These are the top stocks that...

In a significant shift of focus, SoftBank Group has announced the sale of almost its entire stake in Alibaba Group Holding (NASDAQ:BABA) (OTC:BABAF). The move is part of the Japanese conglomerate’s pivot towards artificial intelligence (AI) investments. What Happened: SoftBank’s...

SoftBank Group Corp (OTC:SFTBY) has reported a quarterly net profit of $1.5 billion, driven by the soaring valuation of Arm Holdings, as it continues to amass funds for its artificial intelligence expansion. What Happened: The Japanese conglomerate’s profits for the quarter ending in March...

Wednesday saw U.S. stocks closing on a downward trend, with the Dow Jones Industrial Average dipping 0.1% to 37,753.31, the S&P 500 falling 0.6% to 5,022.21, and the Nasdaq also concluding the day lower by 1.1% at 15,683.37. These are the top stocks that gained the attention of retail traders...

CNBC’s “Mad Money” host Jim Cramer has suggested that there are better investment options in the artificial intelligence (AI) sector than Super Micro Computer Inc. (NASDAQ:SMCI). What Happened: Cramer identified four stocks that he believes are superior AI investments compared to...

Samsung Electronics Co (OTC:SSNLF) has introduced a new memory chip that is set to revolutionize the AI industry. What Happened: Samsung has unveiled a new high-bandwidth memory chip, the HBM3E 12H, which the company claims has the “highest capacity to date” in the industry, reported...

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) backed Cohesity has agreed to the acquisition of the data protection business of Veritas Technologies LLC. The deal is valued at $3 billion, creating a combined entity worth $7 billion. What Happened: Cohesity, a U.S.-based data security software company...

Amer Sports Inc., the company behind Wilson tennis rackets and Salomon ski boots, is reportedly contemplating a U.S. initial public offering (IPO) that could fetch as much as $1.8 billion. As per Bloomberg’s sources-based report on Monday, the company might market...

In a recent move reflecting the downturn in the semiconductor industry, Arm Holdings Plc (NASDAQ:ARM) has parted ways with more than 70 software engineers in China. What Happened: As per insider information, Bloomberg reported on Monday that the U.K.-based chipmaker’s recent actions mirror...

U.S. stocks ended Thursday in the green. The Dow Jones rose by over 330 points or 0.96% to 34,907.11. The NASDAQ and the S&P 500 also witnessed a rise, with the former increasing by 0.81% to 13,926.05 and the latter gaining 0.84% to 4,505.10. These are the top stocks that gained the attention...

In an ambitious move, Arm Holdings Ltd, a leading chip designer under the banner of SoftBank Group Corp (OTCMKTS: SFTBY), is setting the stage for its initial public offering (IPO) next week. What Happened: The company hinted at a share price bracket of $47 to $51, insiders revealed to Reuters...

NVIDIA Corporation's (NASDAQ: NVDA) $40 billion deal to buy U.K. chip designer Arm Holdings has prompted an analyst at Needham to lift his price target to the highest on Street. The Nvidia Analyst: Rajvindra Gill maintained a Buy rating on Nvidia and increased the price target from $...