HomeTechSoftwareToo Soon To Declare ARM An A.I. Winner & MU Guidance Expected Above Estimates

Too Soon To Declare ARM An A.I. Winner & MU Guidance Expected Above Estimates

Bernstein starts ARM Holdings (ARM) at underperform on premium valuation with a $46 price target. They analyst says that it’s too soon to declare ARM and A.I. winner. Caroline Woods discusses this along with Micron (MU) getting an upgrade from Deutsche Bank to buy from hold. The analyst notes that DRAM prices started to improve ahead of expectations, and they expect guidance above street estimates. Tune in to find out more about the stock market today.

Morning Trade Live

18 Sep 2023

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