---
title: "Arm surges as BofA lifts CPU market forecast to $170B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289601218.md"
description: "Arm shares surged over 8% after Bank of America raised its CPU market forecast to $170 billion by 2030, citing strong demand from agentic AI. The optimistic outlook also lifted the broader semiconductor sector. Additionally, major banks including BofA, Mizuho, and Barclays increased their price targets for Arm, with BofA setting a new estimate of $335."
datetime: "2026-06-12T12:59:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289601218.md)
  - [en](https://longbridge.com/en/news/289601218.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289601218.md)
---

# Arm surges as BofA lifts CPU market forecast to $170B

Forecast sparks rally: BofA’s $170B CPU market projection by 2030 drove Arm shares up over 8% and lifted the semiconductor sector. Agentic AI boost: Analysts see AI agents’ decision-making needs as better suited to CPUs, benefiting both x86 and Arm-based designs. Price targets climb: BofA, Mizuho, and Barclays all raised Arm’s price target, with BofA’s new $335 estimate implying further upside.

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