South Korea's industry ministry and SoftBank Group Corp.’s (OTC:SFTBY) (OTC:SFTBF) chip unit, Arm Holdings Plc (NASDAQ:ARM) , signed an agreement to boost the country's semiconductor and artificial intelligence sectors, a presidential policy adviser announced Friday. • ARM Holdings stock is gaining positive traction. Why is ARM stock advancing?Under the memorandum of understanding, Arm will establish a chip design school in South Korea to leverage its expertise, official Kim Yong-beom told reporters.The pro ...