Arm Surges after Jefferies Sees Positives from Nvidia’s Results

Shares of Arm (ARM) jumped about 9% on Thursday after Jefferies noted positive read-through from Nvidia's (NVDA) earnings. The firm kept its Buy rating and $290 price target on the shares of the British chip architecture designer. "Nvidia has visibility

Shares of Arm (ARM) jumped about 9% on Thursday after Jefferies noted positive read-through from Nvidia’s (NVDA) earnings.

The firm kept its Buy rating and $290 price target on the shares of the British chip architecture designer. “Nvidia has visibility

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