Arm Holdings Surges to 106th in Daily Trading Volume with $819 Million Turnover

Generated by AI AgentAinvest Market Brief
Thursday, May 1, 2025 8:07 pm ET1min read

On May 1, 2025,

(ARM) saw a significant surge in trading volume, with a turnover of $819 million, marking a 96.68% increase from the previous day. This substantial rise placed in the 106th position in terms of daily trading volume. The stock price of ARM also experienced a notable increase, rising by 1.18% and marking its second consecutive day of gains, with a total increase of 3.36% over the past two days.

Investors are advised to wait for a more favorable entry point before purchasing ARM stock, as it currently holds a Zacks Rank of 3, indicating a hold position. This recommendation comes amidst a broader market sentiment that has seen ARM's stock decline by 30% over the past three months.

Jim Cramer, host of Mad Money, recently discussed the volatility in the artificial intelligence sector, noting that the initial panic triggered by the emergence of DeepSeek, a Chinese AI firm, has subsided. Despite the market's initial reaction, which saw significant drops in stocks like NVIDIA, Cramer emphasized that the core business of companies like ARM remains strong. He attributed the export restrictions on AI chips to China as a policy from the previous administration, which has not been reversed by the current one. However, Cramer stressed that the demand for ARM's technology continues to be robust, suggesting that the stock's decline was unwarranted.

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