Arm Holdings Stock Soars As Company Targets $15 Billion In Annual Sales From New In-House Chip

Arm Holdings Plc (NASDAQ:ARM) shares are surging in Tuesday’s after-hours session following reports that the company is targeting $15 billion in annual sales from its new in-house chip.

• ARM Holdings stock is surging to new heights today. Why is ARM stock surging?

ARM Provides Aggressive Sales Targets For New Chip

Arm Holdings announced at an event in San Francisco on Tuesday that it will begin selling its own AGI CPU chips, with Meta Platforms Inc (NASDAQ:META) slated …

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