YahooSeptember 22, 2026 at 1:42 AM NYLast Month
ARM Stock Jumped 17% Yesterday After Its CEO Said Demand Is Off the Charts. Here’s What Got Investors So Excited.
Key TakeawaysAI Demand Spike: Arm Holdings stock jumped 17% on Monday, September 21, closing at $323 after CEO Rene Haas told CNBC that chip demand is “off the charts” and voiced growing confidence in beating the company’s $2B AGI CPU revenue target. Street Lag: The 43 analysts TIKR tracks carry 20 buys, 8 outperforms, 13 holds, 1 underperform and 1 sell, but their $289 mean target now sits about 11% below the new closing price.
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