Arm Holdings plc - American Depositary Shares (ARM)
118.69
-6.86 (-5.46%)
Arm Holdings plc is a leading technology company that specializes in semiconductor and software design, primarily focusing on microprocessor and system-on-chip (SoC) architectures
Its innovative designs are integral to a wide range of applications, from mobile devices to embedded systems and Internet of Things (IoT) products. Arm's technology enables low power consumption and efficient performance, making it a popular choice among manufacturers and developers in the electronics industry. The company collaborates closely with partners to drive the advancement of next-generation computing and connectivity solutions, playing a crucial role in shaping the future of digital devices and applications.
Arm Holdings-ADR (NASDAQARM), a subsidiary of SoftBank Group Corp. (OTC: SFTBY), has entered into a $250 million agreement with Malaysia to supply chip designs and technology for the next ten years.
U.S. markets suffered a steep selloff Monday as President Donald Trump announced sweeping new tariffs, extending last week's losses and driving declines across all major sectors.
Tesla Inc. CEO Elon Musk criticized SoftBank Group CEO Masayoshi Son as "already overleveraged" on Sunday, reigniting concerns about funding for the ambitious Stargate AI project.
ARM Holdings plans to set up base in Malaysia, backed by SoftBank, to capitalize on the country's appeal as a semiconductor hub. Challenges lie in developing a skilled workforce.
