Why Is Arm Stock Surging on Thursday?
Arm Holdings PLC (NASDAQ: ARM) stock surges Thursday following Nvidia’s Q2 financial results and optimistic guidance for AI infrastructure buildout.
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UBS analyst Timothy Arcuri maintains ARM Holdings (NASDAQ:ARM) with a Buy and lowers the price target from $470 to $360.
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Arm Holdings PLC (NASDAQ: ARM) stock surges Thursday following Nvidia’s Q2 financial results and optimistic guidance for AI infrastructure buildout.
Read original at benzingaArm Holdings shares climbed 4.76% in after-hours trading Wednesday, extending gains after an expanded IBM collaboration announcement.
Read original at benzingaRaymond James analyst Simon Leopold upgraded AMD to strong buy with a $641 price target, citing optimistic growth in server CPUs driven by agentic AI demand. AMD expects server CPU revenue to grow over 80% year-over-year in H2 2026 and over 70% in 2027, with the CPU-to-GPU ratio in data centers shifting to 1-to-1. While AMD stock trades at a premium P/E ratio of 116, Leopold believes AMD offers the strongest combination of earnings leverage and market-share gains among competitors.
Read original at the-motley-foolRaymond James upgrades AMD to Strong Buy, sees it overtaking Intel by 2027 as agentic AI drives CPU market growth.
Read original at benzinga