It's been a disappointing past couple of years for Arm Holdings (NASDAQ: ARM) shares. After soaring shortly after its September 2023 public offering, the stock has not made any net progress since February 2024. But it makes sense. The artificial intelligence (AI) revolution was well underway by that time. Arm shares were fully valued based on their obvious future value. Arm's microchip architecture is incredibly power efficient, making its know-how critical to the increasingly cost-minded AI data center i ...