Why is ARM down? Arm Holdings stock plunges on earnings report, despite AI chip boom

A day after chip giants Nvidia and TSMC saw a bump in share price, ARM is seeing a drop, even as its revenue rose 39% year-over-year. Just a day after chip giants Nvidia and TSMC saw their stock prices rise, opposite fortunes are affecting competitor Arm Holdings. Yesterday after the close of the …

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Why is ARM down? Arm Holdings stock plunges on earnings report, despite AI chip boom

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