ARM is trading 6.9% up at $274.35, extending a sharp multi-day rally as investors continue to price in stronger AI-infrastructure potential.
- Enthusiasm is building around the company's expansion into data-center AI and production silicon, specifically the AGI CPU and related strategic partnerships.
- The move follows recent bullish commentary and analyst price target hikes into the low-$200s, signaling ongoing re-rating momentum despite no new company disclosures this morning.