We recently published Jim Cramer Discussed These 10 Stocks Including A Hidden Gem & An AI Short.
Arm Holdings (NASDAQ:ARM) is one of the stocks discussed by Jim Cramer
British chip design house Arm Holdings (NASDAQ:ARM)’s shares are up by a strong 137% over the past year and by 167% year-to-date. Bernstein discussed the firm earlier this month as it set an Outperform rating and a $300 share price target. The financial firm remarked that Arm Holdings (NASDAQ:ARM) stood to benefit from the growth in CPU demand spurred by the growth in agentic AI computing.
Bernstein added that the chip design company’s CPU market could grow by four times over the next four years. TD Cowen also discussed Arm Holdings (NASDAQ:ARM) on May 7th as it raised the share price target to $265 from $165 and kept a Buy rating on the shares. While TD Cowen was also optimistic about the interest that the firm’s CPUs were generating, it added that supply constraints could create hurdles.