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Why Arm Holdings Stock Skyrocketed 18% in March

TheMotleyFool

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Why Arm Holdings Stock Skyrocketed 18% in MarchPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/ad10ed87-71d0-4096-a50b-ba9470f8264b.png

Shares of Arm Holdings (NASDAQ: ARM) bounded higher in March, gaining as much as 18.7%, according to data supplied by S&P Global Market Intelligence.

The catalyst that sent the semiconductor specialist higher was the development of Arm's very first in-house production artificial intelligence (AI) chip and the ensuing reaction from Wall Street.

Image source: The Motley Fool.

Source Fool.com

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