Arm Holdings plc (ARM) shares are experiencing a notable rise today, driven by a combination of factors. A significant increase in call volume, which is directionally bullish, has been observed, indicating heightened investor interest and optimism around the stock. Additionally, the recent U.S. export restrictions on China's semiconductor industry, announced on December 2, 2024, may be indirectly benefiting ARM. These restrictions target 140 companies, including major Chinese chipmakers, potentially reducing competition and creating opportunities for ARM in the semiconductor market.
ARM Holdings plc's stock is currently trading at $140.27, reflecting a 4.45% increase from its previous close of $134.29.