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0.000430663221360871 0.000861326442721743 0 0.000689061154177418 0.000861326442721743 -0.000172265288544324 0.00120585701981051 0.00292850990525412
Stock impact report

Arm (ARM) Upgrade Highlights AI and Server CPU Expansion Potential [Yahoo! Finance]

Arm Holdings plc - American Depositary Shares (ARM) 
Company Research Source: Yahoo! Finance
stock from Neutral to “Positive” and maintained a price target of $150. The firm sees the recent pullback as a buying opportunity driven by robust growth drivers, particularly AI silicon initiatives and server CPU expansion. Susquehanna's upgrade on ARM comes despite recent market concerns about higher memory prices impacting the Mobile and PC markets. Previously, these concerns had led to several competitor downgrades, pressuring ARM's share price. The firm views this sell-off as an opportunity, citing two company-changing initiatives as key catalysts behind the upgrade. These include the development of an AI XPI ASIC in partnership with SoftBank and Broadcom for OpenAI, as well as a custom sever CPU, which is likely for Meta, marking its first full-silicon offering and meaningful expansion of its data center addressable market. Other positives working in favor of the company include the migration from v8 to v9 products, early volume ramp of high-royalty CSS-based Aps, continue Show less Read more
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