None
SO
No Matter Who Wins the Smartphone and AI Chip Races, ARM Stock Still Benefits
['Jabran Kundi', 'July', 'Min Read']
Yahoo Finance
Arm (ARM) has overtaken x86 as the biggest platform in AI servers.
Story ContinuesOver the past year, ARM stock has delivered an impressive return of about 75%.
Recently, two financial services firms, including Wells Fargo and UBS, lowered their price target on ARM stock.
ARM stock carries a consensus "Moderate Buy" rating from 31 Wall Street analysts covering it.
Moreover, the most bullish analysts' price target of $500 points to as much as 79% upside from here.