Softbank-Backed Arm Holdings 155% Post-IPO Surge Bolstered by AI Growth and Smartphone Integration

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Also Read: SoftBank Q3 Earnings: Revenue Rises, Vision Fund Takes $2.33 Billion Hit As Investments Falter

Arm Holdings stock gained 26% year-to-date versus the S&P Semiconductors Select Industry Index’s 4.3% decline.

British chip designer Arm Holdings Plc (NASDAQ:ARM) stock has surged over 155% since its September 2023 initial public offering, making way to the Nasdaq 100 index.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaJapan

Topics: QCOM US38259P7069 GOOGL BZ Data Project MSFT Stock Battles AAPL SFTBY JP3436100006 Top Stories US0378331005 ARM US5949181045 Benzinga Media Tech NVDA GOOG INTC US7475251036 Briefs AMZN Artificial intelligence Stories That Matter News Trading Ideas US4581401001 US67066G1040 US0231351067 SFTBF US38259P5089 AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 21:35:43 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26108299

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