The stock is up 8.5% in two days
Arm Holdings stock has staged a two-day 8.5% rally on speculation that the newly public chip design company could get a boost from an expansion in the number of companies producing microprocessors for Microsoft Windows-based personal computers using Arm technology.
On Monday, Reuters reported that both Nvidia and Advanced Micro Devices are developing their own Arm-based processors for Windows PCs and could start shipping in 2025. The PC processor market is dominated by x86-based designs from Intel and AMD . It’s worth noting that Nvidia signed a 20-year licensing agreement with Arm that survived the 2022 termination of the proposed acquisition of Arm by Nvidia. AMD is also a longtime Arm licensee. Neither has been making Arm-based PC chips.
The analyst noted that so far only Apple has found success in adopting Arm-based processors for laptops and desktops. But he added that Nvidia’s reported interest in making Arm-based PC processors “should be taken seriously.” He pointed out that “tighter integration between GPU and CPU is a powerful value proposition, especially for gaming and 3D graphic design laptops.”
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