Key insights
- ARM's recent 150% stock surge, moving from $100-$160 to higher levels, is attributed to its expansion into CPU production and the broader semiconductor rally. Despite a low profile compared to peers like MU and SNDK, ARM's strategic shift from chip architecture licensing to chip production is driving its performance, suggesting potential continued upward momentum in the tech sector.
I just wanted to share that I've been a holder of ARM for the past 2 years. All along it's been hovering around 100 - 160. Recently, within the past few months it has gone up by around 150% which I reckon could be due to their announcement of going into CPUs. The rise could be partly due to the current semicon run and while others are focusing on MU, SNDK and what not - ARM seems to have a low profile proposition and strong performance starting from selling chip architecture licensing to now producing their chips.
I'd appreciate any thoughts on this especially if you guys are also monitoring this stock and what's your take.