What's Going On With Arm Holdings Stock Thursday?

Quick Summary:

What’s Going On: ARM stock gained on Monday as anticipation grows around the company's role in Apple Inc’s (NASDAQ:AAPL) upcoming iPhone 16.

The Financial Times reported that the new iPhone will leverage Arm's advanced V9 architecture, which has been previously integrated into Apple's M4 MacBook chips.

According to Arm's CEO, Rene Haas, the shift from the V8 to the V9 architecture could potentially double the company's earnings from chip royalties.

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Author / Journalist: Henry Khederian

Category: Technology

Markets: United States

Topics: Tech US0378331005 News AAPL Benzinga ARM KeyProj Why it's moving Semiconductors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 17:49:48 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 586 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 22475550

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