Reported about 4 hours ago
Arm Holdings Plc's shares rose by as much as 8.4% following a Financial Times report that Meta Platforms Inc. will be an early customer for Arm's new chip, which is expected to be its first branded product. The chip is set to be unveiled this summer, marking a significant milestone for the UK-based company, which traditionally focused on designing chips rather than manufacturing them. Arm's stock performance in recent weeks reflects growing optimism, with a 26% gain for the year so far.
Source: YAHOO