What's Going On With ARM Holdings Stock Thursday?
Portfolio Pulse from Anusuya Lahiri
ARM Holdings plc made its U.S. stock market debut, with its stock trading close to 20% higher due to the artificial intelligence frenzy. The company raised $4.87 billion from 95.5 million American depositary shares at $51.00 per ADS. CEO Rene Haas sees a potential revenue of $28 billion in cloud computing by 2025. Softbank Group Corp chose to retain 90% of the company, releasing 10% of its shares to public investors. ARM's clients include Apple Inc., Alphabet Inc., Nvidia, and Advanced Micro Devices, many of whom are its anchor investors.
September 14, 2023 | 5:26 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Apple Inc. is one of the clients of ARM Holdings.
Apple being a client of ARM Holdings is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Advanced Micro Devices is one of the clients of ARM Holdings.
Advanced Micro Devices being a client of ARM Holdings is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Alphabet Inc. is one of the clients of ARM Holdings.
Alphabet being a client of ARM Holdings is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Nvidia is one of the clients of ARM Holdings.
Nvidia being a client of ARM Holdings is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Softbank Group Corp chose to retain 90% of ARM Holdings, releasing only 10% of its shares to public investors.
Softbank's decision to retain 90% of ARM Holdings and release only 10% of its shares to the public is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
ARM Holdings made a strong debut on the U.S. stock market, with its stock trading close to 20% higher. The company sees a huge AI opportunity with potential revenue of $28 billion in cloud computing by 2025.
ARM's strong debut on the U.S. stock market and its potential revenue of $28 billion in cloud computing by 2025 are likely to have a positive impact on its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100