ARM Stock Surges 97% Year to Date: Is it the Right Time to Buy?

Arm Holdings plc (ARM) stock has almost doubled this year. Shares have seen a 97% rally, significantly outpacing the internet software industry’s 45% rally.The stock’s remarkable performance can be attributed to the ongoing excitement around advanced artificial intelligence (AI) software and the associated hardware. Moreover, investors in Arm are closely monitoring both the global and American economic landscapes. Image Source: Zacks Investment ResearchConsidering the persistent strength of ARM shares, inve ...