Shares of Arm Holdings (NASDAQ: ARM), the world's leading central processing unit (CPU) chip designer, soared 68% in May, according to data from S&P Global Market Intelligence. This stellar performance brings the stock's 2026 return to a jaw-dropping 268%, as of June 2. The S&P 500 index returned 11.7% over this period.
For context, shares of artificial intelligence (AI) chip and infrastructure leader Nvidia (NASDAQ: NVDA) gained 8.4% in May. And last month, the S&P 500 returned 5.3%, and the tech-heavy Nasdaq Composite index returned 8.4%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
On May 20, Arm stock surged 15.1% after Wall Street firm Bernstein initiated coverage with a buy rating and issued very bullish comments. Moreover, the stock kept moving up on the momentum from this catalyst, gaining 37.4% in the three days following these actions.
Another likely catalyst was Nvidia's May 20 release of powerful results for its fiscal first quarter. (Revenue surged 85% year over year, and adjusted earnings per share, or EPS, soared 140% year over year.) Arm and Nvidia are partners.
For context, shares of artificial intelligence (AI) chip and infrastructure leader Nvidia (NASDAQ: NVDA) gained 8.4% in May. And last month, the S&P 500 returned 5.3%, and the tech-heavy Nasdaq Composite index returned 8.4%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
On May 20, Arm stock surged 15.1% after Wall Street firm Bernstein initiated coverage with a buy rating and issued very bullish comments. Moreover, the stock kept moving up on the momentum from this catalyst, gaining 37.4% in the three days following these actions.
Another likely catalyst was Nvidia's May 20 release of powerful results for its fiscal first quarter. (Revenue surged 85% year over year, and adjusted earnings per share, or EPS, soared 140% year over year.) Arm and Nvidia are partners.
3 days ago
