ARM is trading 7.4% up today at $379.50 as the stock extends a powerful multi-day rally following news of a new AI PC chip partnership involving Nvidia, MediaTek, and Microsoft.

  • The move comes as Nvidia unveils its Arm-based RTX Spark AI PC superchip, highlighting growing demand for Arm CPU architectures across AI PCs and data centers.
  • The collaboration reinforces the bullish narrative regarding Arm’s long-term AI royalty and licensing opportunities within the expanding AI hardware ecosystem.