Why Arm Holdings Stock Took a Dive Today

A downbeat report from ASML dragged down other AI stocks.Shares of Arm Holdings (ARM -11.99%) were taking it on the chin today after a disappointing earnings report from ASML Holdings (ASML -7.09%) led to a broad-based sell-off in artificial intelligence (AI) stocks. Arm was the worst performer of the group as its shares finished the day down 12%, which was even worse than ASML's 7.1% drop.Arm shares get spookedArtificial intelligence stocks have soared in recent months, and Arm has been among the winners. ...