Weekly Recap | Arm -7.67%, Qualcomm ruling yields $2
Weekly Review·
- Arm shares fell 7.67 % to close at 210.33 dollars this week, underperforming the S & P 500 amid a patent litigation ruling where Qualcomm was ordered to pay just 2 dollars.
- TrendForce projected next year 's server CPU shipments to increase by over 40 %, with Arm 's market share potentially expanding to 30 %.
- A total of 43 institutions currently cover Arm with a consensus buy rating and a target price of 290.705 dollars, while the company prepares for its fiscal 2027 second-quarter earnings release on November 4.
