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Arm shares fall as tepid forecast takes shine off AI optimism - Yahoo Finance
Bets that Arm will benefit from a surge in AI computing have nearly doubled the chipmaker's share price since its initial public offer last September, giving...
By: Yahoo Entertainment
- May 10 2024
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(Reuters) -Shares of Arm Holdings fell 6% on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent mo… [+1746 chars]