NasdaqGS:ARM
NasdaqGS:ARMSemiconductor

Arm Holdings (NasdaqGS:ARM) Withdraws Acquisition Bid for Alphawave IP Group

Arm Holdings (NasdaqGS:ARM) recently withdrew from pursuing an acquisition of Alphawave IP Group, a potential strategic move to fortify its AI capabilities. This decision comes as technology stocks experience a volatile week influenced by news of tariff exemptions on smartphones, computers, and chips. Despite this, Arm's 17% price rise over the week aligns with the broader market's upward trend of nearly 6%. The market also saw significant activity with tech stocks, like Intel and Palantir,...