Arm stock up 25%, extending rally to second week
Arm's strong growth forecast has led investors to declare it an artificial intelligence darling.
Arm shares rose more than 24% on Monday, extending last week's rally as investors continue to applaud the chipmaker's better-than-expected third-quarter earnings and its position in the artificial intelligence boom.
Arm is now up over 90% since it re... [1022 chars]
Published by: CNBC
Read full article here: https://www.cnbc.com/2024/02/12/arm-stock-up-25percent-extending-rally-to-second-week.html