Why ARM Stock Remains a Top Contender in the AI Chip Race
Arm plc(ARM) Investor Place·2024-07-19 18:00
Despite a microchip sector pullback, Arm Holdings (NASDAQ:ARM) stock is one of the best technology stocks investors can own. A buy-the-dip opportunity appears to have opened with Arm stock. ARM stock is taking a hit as investors reallocate capital from tech to value and small-cap securities. The drawdown has nothing to do with Arm Holdings operations or the fundamentals underpinning its share price. Any reversal is likely to be short-lived. Despite the current pullback, Arm stock is still up 166% since the ...