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Barchart
Barchart
Nauman Khan

A $2 Billion Reason to Buy Arm Holdings Stock Now

Arm Holdings AGI

Arm Holdings (ARM) stock is getting fresh bullish support after the chip designer delivered better-than-expected fiscal first-quarter results, with analysts highlighting its solid revenue growth, earnings beat and accelerating demand for its new AGI CPU

Arm reported record Q1 revenue of $1.29 billion, up 22% year-over-year (YOY), while adjusted earnings came in at $0.45 per share versus Wall Street expectations of $0.40.

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