Reported 2 months ago
Arm Holdings has become a key player in the AI chip market, recently receiving a price target upgrade of $190 from Morgan Stanley, suggesting a potential 27% upside. After overcoming past challenges, Arm's revenues are booming due to the increasing demand for AI-powered services. With a significant market share and projected growth in the AI chip sector, investors may find Arm a compelling opportunity despite its high valuation.
Source: YAHOO