ARM Holdings upgraded to Overweight from Neutral at Piper Jaffray Piper Jaffray upgraded ARM Holdings citing the recent pullback in shares and its belief the company's fundamentals will continue to outperform the overall semi market. Piper keeps a $42 price target for the stock.
News For ARMH From The Last 14 Days
Check below for free stories on ARMH the last two weeks.
Amazon Web Services CTO says ARM CPUs may be considered, The Register says Amazon (AMZN) Web Services chief technology officer Werner told The Register that the company is “always looking for efficiency” and may consider using ARM (ARMH) CPUs in the future. Vogels said another processor architecture AWS has considered is IBM's (IBM) Power, the report noted. Reference Link