In its Q2 2026 investor letter, Sands Capital Technology Innovators Fund highlighted Arm Holdings plc (NASDAQ:ARM) as a new holding.
Arm Holdings plc (NASDAQ:ARM) is a UK-based technology company that develops and licenses central processing unit designs and related technologies for semiconductor companies and original equipment manufacturers
On August 7, 2026, Arm Holdings plc (NASDAQ:ARM) closed at $282.57 per share. The one-month return of Arm Holdings plc (NASDAQ:ARM) was -10.03%, and its shares gained 90.72% over the past 52 weeks. Arm Holdings plc (NASDAQ:ARM) has a market capitalization of $301.78 billion.
Sands Capital Technology Innovators Fund stated the following regarding Arm Holdings plc (NASDAQ:ARM) in its Q2 2026 investor letter: “Advanced Micro Devices, Arm Holdings plc (NASDAQ:ARM), and Intel increased the portfolio’s exposure to rising CPU demand driven by agentic AI. While GPUs remain central to training and token generation, CPUs are increasingly important for scheduling, memory management, tool execution, and the orchestration of agentic workflows. As AI workloads evolve toward inference, agentic workflows, and more complex data center architectures, we believe the need to coordinate, feed, and manage accelerated compute could drive stronger CPU demand than investors previously expected.