Why Arm Holdings Stock Soared 30% in June

Shares of Arm Holdings (ARM -1.18%) shot up last month on a broader bullish trend in the semiconductor industry that lifted peers like Nvidia and AMD as concerns around tariffs and a potential recession simmered down, and the risk-on artificial intelligence (AI) trade returned.There was no single news item that drove Arm stock higher, but several events combined to send the stock up 30% by the end of the month, according to data from S&P Global Market Intelligence.As you can see from the chart below, the st ...