Why Arm Holdings Stock Was Climbing This Week
Shares of Arm Holdings (NASDAQ: ARM) were moving higher this week, mostly in response to positive analyst commentary on the chip stock after it slumped at the end of 2025, making its valuation more attractive.
Jensen Huang, the CEO of Nvidia, which is a close partner of Arm, also made bullish comments about AI and the outlook for the new technology at the World Economic Forum in Davos, Switzerland, this week.
According to data from S&P Global Market Intelligence, the stock was up 14.1% on the news in early Thursday afternoon.
Source Fool.com
