Arm shares jump ~13% as CEO Haas says demand has never been stronger, reiterates $2B chip-business revenue target

Arm Holdings (NASDAQ: ARM) stock jumped nearly 13% Monday after CEO Rene Haas said he has grown more confident Arm can reach $2 billion in revenue from its emerging chip business, a target first discussed in May. Haas said Arm demand has never been stronger.

Detected & updated continuously · Source: Nebula