Arm Holdings (ARM) Stock: OpenAI Partnership Sends Shares Soaring

TLDR Arm Holdings stock jumped 11.07% on Monday to $171.94 following reports that OpenAI is partnering with SoftBank’s Arm to develop data center CPUs The collaboration is part of a larger deal with Broadcom where OpenAI will design AI chips while Broadcom handles manufacturing Options traders showed strong bullish sentiment with 55,814 calls traded on [...]

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