๐ Arm Holdings $ARM rips +11% โ BofA raises target to $335 ahead of July 23 earnings
ARM was the biggest large-cap winner Thursday as Bank of America lifted its price target from $245 to $335 and institutional buyers piled in ahead of the confirmed July 23 earnings date. The whole chip sector lit up: Nasdaq +1.3%, VanEck Semi ETF (SMH) +2.5%, Micron +4.5%, and Sandisk +7.6% on the session. Not financial advice. With ARM still well off its 52-week high, is the AI architecture re-rating just getting started?
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