🟢 Arm Holdings is trading 3.15% up in pre-market after strong fiscal first-quarter results and raised guidance

Arm Holdings is trading 3.15% up in pre-market at $295.72 after investors continued digesting strong fiscal first-quarter results and raised guidance.

• The July 29 report showed record revenue of $1.29 billion and an earnings beat.
• Customer demand exceeded $2 billion for its AGI CPU across fiscal 2027 and 2028.
• Semiconductor-sector strength is providing additional support, with SOXX up 2.91% pre-market alongside broader technology gains.