Arm stock up 25%, extending rally to second week

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

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