Arm Holdings Stock Drops 5.49% with 9.68 Billion Shares Traded Ranking 72nd in Market Activity

On May 29, 2025, Arm Holdings (ARM) experienced a significant decline of 5.49%, with a trading volume of 9.68 billion, ranking 72nd in the day's stock market activity.

Cerence AI has announced a strategic partnership with Arm to enhance the performance of its embedded language model, CaLLM Edge. This collaboration leverages Arm's Kleidi software library, which is designed to advance AI capabilities in vehicles. By flexibly distributing and parallelizing generative AI computation loads between CPUs and GPUs, the partnership aims to deliver improved speed and efficiency. This move is part of Cerence AI's ongoing efforts to enhance its AI-powered language models for the automotive industry, potentially strengthening Arm's position in the competitive tech landscape.