Arm Holdings tipped to highlight AI and boost Softbank

Arm Holdings PLC tonight publishes its second set of numbers since its much-heralded IPO, with owner Softbank set to bask in the chip designer's strong performance since listing in New York. Assets should show a healthy gain thanks to the 40% rise in Arm’s share price since the float, which will buoy the value of Softbank’s Vision Fund where the largest NAV rise since June 2021 is being forecast. Softbank watchers add the troubled tech investor might even post its first quarterly profit for a year, thanks t ...