🟢 Arm Holdings is trading 4% up today after CEO cites $2 billion AGI CPU demand

Arm Holdings is trading 4.01% up now at $275.53 after CEO Rene Haas said on September 16 that confidence had increased in converting approximately $2 billion of AGI CPU demand into revenue.

• The comments drove the September 17 rally and continued supporting shares on September 18.
• Semiconductor strength is adding momentum, with SOXX up 2.70% as investors respond to bullish AI-demand and long-term chip-market forecasts.