TECH - Why Is Arm Holdings Stock Trading Higher On Monday? | Benzinga
Arm Holdings Plc (NASDAQ:ARM) stock is trading higher Monday after the broader sector selloff on Friday when the U.S. government imposed sanctions on the Middle East regarding AI chips.
The British chip designer CEO Rene Haas expects artificial intelligence readiness of 100 billion Arm devices globally by 2025 end, Reuters cites Haas at the Computex forum in Taipei.
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