Key Takeaways ARM trades at 23X forward sales versus the industry's 8X, making valuation the core debate.ARM's asset-light licensing model drives scalable royalties across mobile, auto and data centers.NVIDIA and AMD comparisons highlight ARM's premium as shares fell 18% while the industry rose 39%.Arm Holdings (ARM) continues to execute well across mobile, infrastructure, and emerging AI-driven applications. Its asset-light licensing model provides scalable royalty streams, while diversification into autom ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty Images Good morning! Here's the latest in trending:AI moves: Meta (META) will deploy millions of Nvidia (NVDA) chips for its AI infrastructure. Meanwhile, Nvidia exited Arm Holdings (ARM).13F review: Warren Buffett's Berkshire Hathaway (BRK.B) reveals new bet on New York Times (NYT) and slashes Amazon (AMZN) stake.Trade deal: Japan is set to invest up to $36B in oil, gas and cri ...

In this articleARMNVDAGOOGLMETAAMZNMSFTNOKIA-FITSMThe replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty ImagesNew York-listed shares of British semiconductor firm Arm ticked 1.4% higher in premarket trading on Wednesday, after documents showed Nvidia sold its stake in the company it once wanted to buy. At the end of the third quarter, Nvidia held ...

此举为两家公司的动荡篇章画上了句号。英伟达曾于2020年同意以400亿美元收购Arm，这笔交易原本 有望成为芯片行业有史以来最大规模并购。但该交易几乎立即面临监管机构和客户的反对。Arm的技术 支撑着全球大多数先进半导体，其独立性被视为至关重要的资产。 2022年2月，双方宣布终止协议。由软银集团控股的Arm随后继续推进其首次公开募股计划。 作为全球市值最高的公司，英伟达已成为科技行业的重要投资者。英伟达新增持仓覆盖芯片制造、 EDA工具、通信基础设施三大关键领域，分别为英特尔(INTC.US)、新思科技(SNPS.US)与诺基亚 (NOK.US)。 智通财经APP获悉，英伟达(NVDA.US)已清空其持有的全部Arm(ARM.US)股份。五年前，英伟达曾试 图收购这家芯片技术公司，但最终以失败告终。 根据一份监管文件，英伟达出售了110万股Arm股票，以Arm周二收盘价计算价值约1.4亿美元。这笔交 易发生在去年第四季度，至此英伟达在Arm的持股已归零。 英特尔作为全球传统芯片巨头，英伟达此前已斥资约50亿美元战略入股，持股近4.91%，此次纳入公开 持仓进一步强化AI算力底层协同；新思科技是全球EDA行业 ...

Nvidia Corp. sold off the last of its stake in Arm Holdings Plc, a chip technology company that it tried and failed to acquire five years ago. Nvidia unloaded 1.1 million shares, worth about $140 million based on Arm’s closing price Tuesday, according to a regulatory filing. The disposal, which occurred sometime in the fourth quarter of last year, brings Nvidia’s stake to zero. Most Read from Bloomberg Nvidia declined to comment, while Arm didn’t immediately respond to a request for comment. The move ...

Core Insights - Nvidia has liquidated its positions in Applied Digital, Arm Holdings, and WeRide in the fourth quarter of 2025, while initiating new investments in Intel, Synopsys, and Nokia [1] Group 1 - Nvidia's divestment includes complete liquidation of shares in Applied Digital, Arm Holdings, and WeRide [1] - New investments made by Nvidia include Intel, Synopsys, and Nokia, indicating a strategic shift in its investment portfolio [1]

【导读】深V走势 中国基金报记者 泰勒 大家好啊，今晚不平静呀，泰勒稿子一度重写。一起看看发生了什么事情。 美股深"V" 2月17日晚间，美股盘初，科技巨头的抛售一度令股市承压。近期，对人工智能前景的持续焦虑不仅重 创了科技板块，还波及了多个行业的数十家公司。比特币延续了2月份的跌势，黄金价格也录得下跌。 其中，道指跌一度超300点，纳指一度跌超1.2%。截至发稿，跌幅有所收窄，美股上演深"V"走势。 费城半导体指数（衡量芯片制造商表现的关键指标）一度跌超2%。 软件股指数ETF暴跌3%。 摩根士丹利的克里斯·拉金表示，AI颠覆和持续的科技股轮动掩盖了上周的就业和通胀数据，除非本周 的经济数据带来显著惊喜，否则这种态势可能会再次上演。 他表示："市场仍接近历史高点，但对一些投资者来说可能并非如此，因为剧烈的抛售似乎在涨势刚刚 开始时就将其瓦解，如果这一主题持续下去，即使整体趋势向上，市场也可能面临坎坷。" 油价、黄金、白银暴跌 17日晚间，石油价格也在跳水。 科技股普遍下跌，但跌幅均有所收窄。 | ▽ 筛选 | | 最新价 = | 涨跌幅: □ | | --- | --- | --- | --- | | 甲骨 ...

自2026年初以来，特斯拉、苹果等十余家大型企业已发出信号，称动态随机存取内存（DRAM）的短缺 将限制生产。苹果CEO库克警告，这将压缩iPhone的利润率；美光科技称这一瓶颈"前所未见"；特斯拉 CEO马斯克则直指问题的棘手本质，表示特斯拉将不得不自建内存制造厂。马斯克在1月底说："我们只 有两个选择：撞上芯片墙，或者建一座晶圆厂。" 造成上述局面的根本原因是AI数据中心的扩张。Alphabet、OpenAI等公司正大量消耗内存芯片产能，它 们正通过购买数百万片英伟达AI加速器（每片都配备大量内存）来运行聊天机器人及其他应用。这导 致消费电子厂商只能争夺三星、美光等供应商日益减少的芯片供应。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 芯片行业有大变化？ 据彭博社消息，包括马斯克和库克在内的科技行业领袖，正不断警告一场全球危机正在酝酿：内存芯片 短缺开始冲击企业利润、打乱公司计划，并推高从笔记本电脑、智能手机到汽车及数据中心等各类产品 的价格。 据报道，人工智能热潮正引发存储芯片抢购热潮。从去年12月到今年1月份，某一类型DRAM的价格暴 涨了75%。越来越多零售商和中间商， ...

Core Insights - The semiconductor company Arm Holdings is positioned to recover faster than other AI stocks like Microsoft due to its unique business model focused on licensing and royalties rather than direct chip manufacturing [2][6][12] Business Model - Arm Holdings primarily generates revenue through licensing fees and royalties, with over half of its revenue coming from royalties based on the number of chips manufactured and sold [7] - Unlike traditional chipmakers, Arm is a designer of high-performance processors, which has led major tech companies like Amazon, Google, and Apple to increasingly adopt its designs for their AI applications [5][9] Licensing Agreements - There are numerous licensing agreements that have not yet fully begun to generate royalty revenue, indicating potential future growth for Arm [8][10] - The relationship with Amazon, particularly regarding the Graviton data center processors, exemplifies the deepening reliance on Arm's architecture, which is expected to yield significant royalty income in the coming years [8][12] Market Performance - Despite a recent decline in stock price due to disappointing quarterly results, the long-term outlook remains positive as many royalty agreements are set to start generating revenue soon [12] - Analysts project a modest top-line growth of 7% for fiscal 2026, but anticipate a significant revenue increase of over 23% in the following year, suggesting a strong recovery trajectory for Arm [13]

昨晚，美国公布了最新的CPI数据：1月的未季调CPI年率从2.7%降至2.4%，创下2025年5月以来的新低，市场预期为2.5%。而1月未季调核心CPI年率则从 2.6%回落至2.5%，也创下了自2021年3月以来的最低水平，符合市场预期。根据智通财经报道，美国利率期货市场反应较为积极，将美联储在6月放宽政 策的概率从公布前的63%上调至69%。与此同时，交易员们预计美联储今年会有第三次降息的概率为50%。在CPI数据公布后，市场对美联储未来降息的 预期有所上升，2026年美联储降息幅度预期从58个基点升至61个基点。 | 道琼斯工业 | 纳斯达克指数 | 标普500 | | --- | --- | --- | | 49500.93 | 22546.67 | 6836.17 | | +48.95 +0.10% | -50.48 -0.22% | +3.41 +0.05% | | 美国科技七巨头 | 中概科技龙头 | 中国金龙 | | 61603.43 | 4019.83 | 7591.86 | | -815.13 -1.31% | +5.81 +0.14% | -7.48 -0.10% | 截至当天收盘，美国 ...