Arm Holdings (ARM) Soars to All-Time High on Strong CPU Demand

Arm Holdings plc (NASDAQ:ARM) is one of the 10 High-Flying Stocks With Double-Digit Returns.

Arm Holdings climbed to a new all-time high on Friday after a seven-day winning streak, as investors took heart from bullish coverage for the CPU market, supported by Intel Corp.’s strong earnings performance in the first quarter of the year.

In intra-day trading, Arm Holdings plc (NASDAQ:ARM) climbed to its highest price of $237.68 before paring gains to finish the session just up by 14.76 percent at $234.81 apiece.

For illustration purposes. Photo by Jeremy Waterhouse on Pexels

The rally can be attributed primarily to DA Davidson’s optimism for the CPU market, thanks to stronger-than-expected results from Intel Corp., which signaled that the industry is reaccelerating. Another competitor, Advanced Micro Devices Inc., also surged following the news.

DA Davidson said that the CPU market “reinserting itself as an indispensable foundation of the AI era,” as workloads now shift to agentic AI, which could spark demand growth for the CPU players.

In other news, Arm Holdings plc (NASDAQ:ARM) said that it is scheduled to release the results of its earnings performance for the fourth quarter of fiscal year 2026 after market close on Wednesday, May 6. A conference call will be held to elaborate on the results.

For the period, Arm Holdings plc (NASDAQ:ARM) is targeting a revenue growth of 18.45 percent to $1.47 billion, plus or minus $50 million, versus the $1.24 billion in the same period last year.

Meanwhile, non-GAAP fully diluted earnings per share are pegged at $0.58, plus or minus $0.04, or an implied growth of 5.45 percent from the $0.55 year-on-year.

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