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ARM Rallies on New Data Center CPU Chip & Guidance Through 2031
Description
Arm Holdings (ARM) shares initially fell after announcing plans Tuesday to sell a new data center CPU chip. The stock then flexed strength Wednesday after guiding for roughly $15 billion in chip revenue through 2031. Marley Kayden explains how this headlines, paired with a Mag 7 partnership with Meta Platforms (META), drove bullish analyst updates. Prosper Trading Academy's Scott Bauer offers an example options trade for Arm.
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