Arm Holdings (ARM) Jumps 16% in AI Chip Foray, Gets Meta-Backing
Arm Holdings PLC (NASDAQ:ARM) is one of the 10 stocks investors are buying now. Arm Holdings rallied 16.38 percent to close at $157.07 apiece as investors devoured shares following news that it is making a foray into chip production and has earned Meta Platforms’ backing for the initiative. In a statement, Arm Holdings PLC (NASDAQ:ARM)…