Arm Holdings is trading 3.02% up at $248.86 after detailing its AGI data-center processor at Hot Chips 2026. - The dual-chiplet design uses TSMC’s N3P process and Neoverse V3 cores, targeting expanding AI-server demand. - Commercial shipments are planned in the coming months. - A broader semiconductor rebound ahead of Nvidia’s August 26 earnings also supports the move, with SOXX up 2.55%.