Arm Holdings Stock Surges on AI Prospects and iPhone 16 Speculation

What's Going On With Arm Holdings Stock Monday? - ARM Holdings (NASDAQ:ARM)

Apple has previously incorporated the V9 architecture into its M4 MacBook chips. Arm Holdings Plc ARM stock is trading higher on Monday following reports indicating that its AI chip technology will be featured in the iPhone 16. The Details: The new iPhone will include Apple's AAPL A18 chip, based on Arm's V9 architecture, and is set to be unveiled on Monday at an event at Apple's headquarters in Cupertino, California, according to The Financial Times. Apple has previously incorporated the V9 architecture, introduced in 2021, into its M4 MacBook chips. Arm's CEO Rene Haas shared that the use of Arm's V9 architecture is expected to result in a substantial increase in royalties, potentially doubling the earnings compared to its previous V8 architecture. This comes as Apple is in the middle of re-defining itself as a company centered around artificial intelligence. In June, Apple announced a set of features, labeled Apple Intelligence, which includes free access to OpenAI's ChatGPT. These new features, currently available on only a few iPhone models, have prompted Apple to advance its chip technology in upcoming iPhones. How To Buy Arm Shares Besides going to a brokerage platform to purchase a share - or fractional share - of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. For example, in ARM Holdings ARM's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment. See Also: AI Sector Bubble Concerns, Nvidia's One-Stop Shop Ambition, And More: This Week In AI ARM Price Action: At the time of publication, Arm stock is trading 5.52% higher at $123.77 per data from Benzinga Pro. Image: Courtesy of Arm Holdings Plc Market News and Data brought to you by Benzinga APIs

Arm Holdings Stock Rises on Report That Its Chip Tech Will Help Power the iPhone 16

Apple (AAPL) is expected to unveil the iPhone 16 at an event on Monday -- and that's lifting shares of Arm Holdings (ARM). The chip designer's stock gained 5% as investors prepared for Apple's "It's Glowtime" event, lifted by a Financial Times report that the iPhone 16 is expected to run on a chip based on the Armv9 CPU. Arm's chip designs are expected to play an important role in the IPhone's 16 use of generative AI, the report said. Shares up Arm have gained more than 60% in 2024 thanks in part to the growth of Armv9 technology. Chips based on Armv9 technology made up roughly 25% of the firm's royalty revenue in the second quarter, up from 20% a quarter earlier.