On September 9, ARM Holdings rose 3.78% in regular trading, trading at approximately $270.85 per share, with turnover of around $104 million. The stock continued its upward momentum fueled by the formal launch of a joint edge AI chip development project with Samsung Electronics.

According to reports, Arm approved the allocation of non-recurring engineering costs for developing a next-generation edge AI SoC chip at the end of August. The project follows a collaboration model in which Arm provides core technology while Samsung Electronics handles integration and manufacturing based on its 2-nanometer process node. The end customer for the custom chip is reportedly OpenAI. This partnership is expected to help Arm further expand its edge AI commercialization footprint, with market participants maintaining positive attention on its outlook.

Within the Semiconductors sector, individual stocks showed mixed performance. Among peers, Advanced Micro Devices rose 1.64%, Micron Technology rose 0.02%, while NVIDIA fell 0.14%, Intel fell 0.63%, and Broadcom fell 0.99%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)