Key TakeawaysArm Holdings was awarded its latest "Top Pick" rating by Morgan Stanley, which cited demand for the chip designer's artificial intelligence (AI) products.The Morgan Stanley analysts pointed to Arm's part in the technology industry shift to edge AI.Morgan Stanley has an "overweight" rating on Arm's U.S.-traded shares, with a $175 price target.Arm's stock soared Wednesday after the release of the report. Arm Holdings (ARM) shares jumped Wednesday after Morgan Stanley analysts named the chip desig ...