Is It Too Late to Buy Arm Holdings Stock Now?
Arm plc(ARM) The Motley Fool·2024-03-31 09:25
Arm Holdings (ARM -0.50%) returned as a publicly traded company last September. The U.K. chip designer was previously acquired by the Japanese conglomerate SoftBank (SFTB.Y 0.75%) in 2016, nearly sold to Nvidia (NVDA 0.12%) before antitrust regulators scuttled the $40 billion deal in 2022, and finally spun out as an independent company again.When Arm listed its shares at $51, investors initially scoffed as its slowing growth and frothy valuations. But today the stock trades at about $125. Let's see why Arm' ...