Key Points
Shares of Arm Holdings (NASDAQ: ARM) rose on Wednesday following positive commentary from Bernstein analyst David Dai, who predicts a 17% increase in the stock price to $300 per share. Dai attributes this bullish outlook to the growing demand for agentic AI, which is shifting computing needs from model training to inference.
Arm’s recent launch of its first data center CPU in March is tailored for agentic AI workloads, positioning the company to capture a significant share of the server CPU market, projected to reach $137 billion by 2030—up from current levels. Dai forecasts Arm’s sales will surge over fivefold, potentially hitting $26 billion and earnings per share of $9.83 by the decade’s end.
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