ARM Holdings (ARM) Stock: 8% Jump Fueled by AI Chip Strategy and Analyst Upgrade

TLDR ARM stock surged 8% to $115.69 Wednesday as Susquehanna upgraded to Positive rating with $150 target OpenAI custom chip project Titan-1 could generate $1 billion annually in royalty revenue by late 2026 Q2 earnings beat expectations with $0.39 EPS versus $0.33 estimate and 34.5% revenue growth New v9 architecture carries double the royalty rate [...]

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