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.
Read original at benzingaStocks · News reference
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
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