Sign Up
OverviewAPI
Arm, a British chip designer, experienced a significant surge in market valuation to $153.2 billion, driven by improved earnings and increased demand from the AI sector. However, this surge was followed by a 3% drop in aftermarket trade due to its high price-to-earnings ratio. Despite this, analysts remain optimistic about Arm's long-term prospects, particularly due to its growth in advanced architectures and royalty revenue stream.

Ask a question