The Nasdaq Could Pop 2% On Today’s News

Quick Read Arm Holdings (ARM) jumped 15% after entering the physical silicon business for the first time with its AGI CPU chip, projected to generate $15B in annual revenue within 5 years and lift the broader chip sector, while Intel (INTC) rose 3.4% and AMD (AMD) gained more than 1% on the announcement. The Invesco QQQ Trust (QQQ) tracks the Nasdaq-100 with a 48.9% weighting in information technology, meaning semiconductor strength flows directly into the index. Arm’s strategic shift into chip manufac ...