ARM is trading 3.1% up today at $221.75, outperforming a declining broader market as investors continue to price in its expanded AI and AGI CPU opportunity.
- Recent bullish research has driven sentiment, with raised price targets in the $175β$230+ range and long-term models projecting $15Bβ$25B in revenue by FY31.
- The move appears to be a continuation of momentum following Aprilβs AI strategy updates, as the stock shows strength despite a lack of fresh company-specific headlines today.