What’s happening with Arm Holdings shares on Tuesday? – TradingView News

Arm Holdings Limited ARM According to CEO Rene Haas, it aims to capture more than 50% of the Windows PC market within five years.

Shares are trading lower on Tuesday after closing down more than 5% on Monday.

Weapon expectations follow Microsoft MSFT recent plans to launch a new generation of AI-powered PCs powered by ARM technology, pitting them against Alphabet sp GOOG GOOGLE AND Apple Inc AAPLreports Reuters.

The push comes as Microsoft commits to supporting ARM-based chips with advanced development tools, potentially reshaping a market long dominated by Intel Corp INT x86 chips.

Microsoft’s hardware partners, including Asus and Dell, are set to release devices powered by Arm technology.

CEO Rene Haas is targeting 100 billion AI-enabled Arm devices worldwide by 2025, according to Reuters.

Analysts expressed confidence in Arm Holdings, supported by interest in licenses and potential in the artificial intelligence and data center markets.

Advanced Micro Devices, Inc AMD is also looking at the AI PC market.

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ARM Reduction: At last check Tuesday, Arm shares were down 1.00% at $125.85 pre-market.

Reservation: This content was created in part using AI tools and reviewed and published by Benzinga editors.

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