Jim Cramer Says Arm Holdings (ARM) Stock Price Is “Nowhere Near Reflecting the Kind of Book of Business That Rene Has Just Outlined for the Next Year and a Half”

Arm Holdings plc (NASDAQ:ARM) is one of Jim Cramer’s latest stock calls as he discussed the bullish AI investment thesis amid the Iran conflict. Cramer noted that the company is becoming “increasingly important” to the semiconductor industry, as he stated:

As we celebrate all things AI at NVIDIA’s annual conference, I want to highlight a company that’s become increasingly important to the entire semiconductor industry: Arm Holdings. This semiconductor design company cut its teeth providing CPU designs that maximize energy efficiency, especially for smartphones. That expertise has made Arm the preferred partner for many AI systems, including NVIDIA’s. That said, for some reason, the stock has been stuck in a rut, trading sideways for the past couple of years. Can it get its mojo back? Because I gotta tell you, it’s got the earnings back… The stock is up since the last quarter, but nowhere near reflecting the kind of book of business that Rene has just outlined for the next year and a half.

Photo by Adam Nowakowski on Unsplash

Arm Holdings plc (NASDAQ:ARM) designs and licenses CPU architectures, system IP, and software used across automotive, computing, consumer, and IoT applications.

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