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$Arm Holdings (ARM.US)$
The stock price of Arm Holdings (ARM) surged on Wednesday as Morgan Stanley analysts evaluated the company's entry into artificial intelligence (AI) products and selected its chip design business as "Our New Top Pick".
The same analyst writes that Arm plays a crucial role in the shift to edge AI. Morgan Stanley's research report highlights the iPhone 16 from Apple and the Arm architecture adopted by its A18 processor.$Apple (AAPL.US)$points out that Arm's architecture is used in the iPhone 16 from Apple and its A18 processor.
Analysts call the company a "strong option" for emerging edge AI technologies and expect mobile devices to drive the initial surge of AI deployment, followed by infrastructure and automobiles.
Morgan Stanley rates the stock as "overweight" and has a target price of $175, which is more than 25% higher than the current level.
The stock price of Arm Holdings (ARM) surged on Wednesday as Morgan Stanley analysts evaluated the company's entry into artificial intelligence (AI) products and selected its chip design business as "Our New Top Pick".
The same analyst writes that Arm plays a crucial role in the shift to edge AI. Morgan Stanley's research report highlights the iPhone 16 from Apple and the Arm architecture adopted by its A18 processor.$Apple (AAPL.US)$points out that Arm's architecture is used in the iPhone 16 from Apple and its A18 processor.
Analysts call the company a "strong option" for emerging edge AI technologies and expect mobile devices to drive the initial surge of AI deployment, followed by infrastructure and automobiles.
Morgan Stanley rates the stock as "overweight" and has a target price of $175, which is more than 25% higher than the current level.
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$NVIDIA (NVDA.US)$ Is the guidance still not done? Just moving in the initial stage!!
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$NVIDIA (NVDA.US)$
Maybe it will stretch
Maybe it will stretch
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