Movement Alert｜ARM Holdings Rises 3.36% Overnight, Bank of America Raises Target Price to $460 on Extended AI Spending Visibility

Market Focus

Jun 24

On June 24, ARM Holdings rose 3.36% overnight, trading at $378.27 USD/share, with turnover of $4.0392 million. The stock rebounded following a sharp 7.22% decline in the prior session.

On the news front, Bank of America significantly raised its target price for ARM Holdings from $335 to $460 while maintaining a Neutral rating, citing AI-related capital expenditure visibility now extending clearly to 2028. BofA projected wafer fabrication equipment spending to reach $250 billion by 2028, estimating approximately $170 billion in combined server market opportunity across x86 and ARM architectures. Separately, Bernstein raised ARM's target price from $300 to $500 with an Outperform rating, identifying ARM as the top structural beneficiary of the agentic AI era due to its superior power efficiency in data center deployments and projected 2030 revenue growth from $15 billion to $22 billion.

Within the Semiconductors sector, stocks broadly advanced. Among individual names, Micron Technology up 5.04%, Intel up 2.84%, Marvell Technology up 2.49%, Advanced Micro Devices up 1.09%, NVIDIA up 0.73%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1132792659"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1132792659\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1132792659?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-24 08:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1132792659","market":"us","top_or_hot":-1,"title":"Movement Alert｜ARM Holdings Rises 3.36% Overnight, Bank of America Raises Target Price to $460 on Extended AI Spending Visibility","media":"Market Focus","content":"<p><p>On June 24, ARM Holdings rose 3.36% overnight, trading at $378.27 USD/share, with turnover of $4.0392 million. The stock rebounded following a sharp 7.22% decline in the prior session.</p><p>On the news front, Bank of America significantly raised its target price for ARM Holdings from $335 to $460 while maintaining a Neutral rating, citing AI-related capital expenditure visibility now extending clearly to 2028. BofA projected wafer fabrication equipment spending to reach $250 billion by 2028, estimating approximately $170 billion in combined server market opportunity across x86 and ARM architectures. Separately, Bernstein raised ARM's target price from $300 to $500 with an Outperform rating, identifying ARM as the top structural beneficiary of the agentic AI era due to its superior power efficiency in data center deployments and projected 2030 revenue growth from $15 billion to $22 billion.</p><p>Within the Semiconductors sector, stocks broadly advanced. Among individual names, Micron Technology up 5.04%, Intel up 2.84%, Marvell Technology up 2.49%, Advanced Micro Devices up 1.09%, NVIDIA up 0.73%.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜ARM Holdings Rises 3.36% Overnight, Bank of America Raises Target Price to $460 on Extended AI Spending Visibility</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜ARM Holdings Rises 3.36% Overnight, Bank of America Raises Target Price to $460 on Extended AI Spending Visibility\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-24 08:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 24, ARM Holdings rose 3.36% overnight, trading at $378.27 USD/share, with turnover of $4.0392 million. The stock rebounded following a sharp 7.22% decline in the prior session.</p><p>On the news front, Bank of America significantly raised its target price for ARM Holdings from $335 to $460 while maintaining a Neutral rating, citing AI-related capital expenditure visibility now extending clearly to 2028. BofA projected wafer fabrication equipment spending to reach $250 billion by 2028, estimating approximately $170 billion in combined server market opportunity across x86 and ARM architectures. Separately, Bernstein raised ARM's target price from $300 to $500 with an Outperform rating, identifying ARM as the top structural beneficiary of the agentic AI era due to its superior power efficiency in data center deployments and projected 2030 revenue growth from $15 billion to $22 billion.</p><p>Within the Semiconductors sector, stocks broadly advanced. Among individual names, Micron Technology up 5.04%, Intel up 2.84%, Marvell Technology up 2.49%, Advanced Micro Devices up 1.09%, NVIDIA up 0.73%.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARM","symbol_name":"ARM Holdings","start_time":0,"source_url":"","article_id":"1132792659","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132792659","pubTimestamp":1782261806,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 24, ARM Holdings rose 3.36% overnight, trading at $378.27 USD/share, with turnover of $4.0392 million. The stock rebounded following a sharp 7.22% decline in the prior session.On the news...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARM":"ARM Holdings"},"translate_title":"动向提示|ARM Holdings隔夜涨3.36%美银上调目标价至460美元因AI支出可见性延长","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/5fd9a514b346ccb161b5e2e22d9c8fc7","symbols_score_info":{"ARM":1},"content_text":"On June 24, ARM Holdings rose 3.36% overnight, trading at $378.27 USD/share, with turnover of $4.0392 million. The stock rebounded following a sharp 7.22% decline in the prior session.On the news front, Bank of America significantly raised its target price for ARM Holdings from $335 to $460 while maintaining a Neutral rating, citing AI-related capital expenditure visibility now extending clearly to 2028. BofA projected wafer fabrication equipment spending to reach $250 billion by 2028, estimating approximately $170 billion in combined server market opportunity across x86 and ARM architectures. Separately, Bernstein raised ARM's target price from $300 to $500 with an Outperform rating, identifying ARM as the top structural beneficiary of the agentic AI era due to its superior power efficiency in data center deployments and projected 2030 revenue growth from $15 billion to $22 billion.Within the Semiconductors sector, stocks broadly advanced. Among individual names, Micron Technology up 5.04%, Intel up 2.84%, Marvell Technology up 2.49%, Advanced Micro Devices up 1.09%, NVIDIA up 0.73%.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}