Why Arm Holdings Stock Was Moving Higher Today
Shares of Arm Holdings (NASDAQ: ARM) are moving higher today for two primary reasons. First, there was an upward trend in semiconductor stocks as several companies announced AI deals in the Middle East, assuaging concerns that "AI diffusion" rules won't be as strict as some had feared.
Additionally, a report from Citigroup said that Arm was taking market share from AMD and Intel in microprocessors.
As a result, the stock is up 4.2% as of 11:25 a.m. ET.
Source Fool.com
Citigroup Inc. Aktie
95,68 €
1,01 %
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Das von der Community festgelegte Kursziel von 99 € für Citigroup Inc. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 95.68 € hin.
