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US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concerns
Arm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand for AI infrastructure and data centre chips. However, the stock fell nearly 7% in after-hours trading after the company warned of softer smartphone royalty growth, overshadowing optimism around its expanding AI business.
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benzinga.com
Amd Stock Drops: Why Chipmaker Shares Are Falling Ahead of August Earnings - Advanced Micro Devices (NASD
AMD stock tumbled premarket amid broader AI memory trade anxiety. Here’s what’s driving the pullback, key technical levels, and what analysts expect for earnings.
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What Is Going on With Arm Holdings Stock on Tuesday? - ARM Holdings (NASDAQ:ARM)
Arm Holdings stock fell over 9% as AI trade jitters hit tech shares. Get key insights on technical levels, earnings estimates, and analyst targets ahead of results.
