Is Arm Holdings the Next Nvidia After Smashing Earnings Estimates?
There is only one Nvidia (NASDAQ: NVDA), the world's unequivocal leader in high-performance graphic processing units (GPUs) and data center hardware and software powering large swaths of the economy and the rise of artificial intelligence (AI). But several companies are also doing incredible things, like Arm Holdings (NASDAQ: ARM).
Arm's stock is up over 100% in February (as of Feb. 12), as shown below, but many investors aren't familiar with the company. I'll discuss what Arm does, its financials, and its stock below.
First, here is what Arm does not do. Arm does not actually make any semiconductors (or "chips"). Arm sells the "architecture" for companies like Nvidia, Apple (NASDAQ: AAPL), (NASDAQ: GOOG)(NASDAQ: GOOGL), Qualcomm (NASDAQ: QCOM), Microsoft (NASDAQ: MSFT), Taiwan Semiconductor (NYSE: TSM), and Samsung (OTC: SSNL.F). The list goes on, but you get the idea. I can almost guarantee that you used an Arm-based product today because 99% of all smartphones have CPUs built with Arm technology. Here's how it works.
Source Fool.com
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