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via finance.yahoo.comTech & AI

Arm Holdings Stocks Rise 4.01% as Data Center Royalties Double

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Arm Holdings (NASDAQ:ARM) shares gained 4.01% to $173.41 at 10:25 a.m. ET on Friday, November 6, as chip designers rebounded from Thursday's selloff. The bounce builds on Arm's latest results, released November 4. Revenue grew 27% to a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid results driven by data centers support the stock as chip designers rebound.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Arm recorded revenue of $1.44 billion, up 27%.
  2. 02Data center royalties doubled year over year.
  3. 03The stock rose 4.01% to $173.41 on Friday morning.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Arm Holdings plc American Depositary SharesARMStock173.53 USD-0.01%today +4.09%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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