Arm Holdings (NASDAQ: ARM) has attracted a lot of attention since its initial public offering (IPO) last September. The U.K. chip designer listed its shares at $51, and they've already more than doubled to about $125 over the past six months.

Yet Arm's stock didn't blast off right away. Instead, it hovered near its IPO price for the first two months as investors scoffed at its slowing growth and high valuation. However, its growth accelerated again, the bulls rushed back, and Arm's market cap climbed to nearly $130 billion. Could it keep rallying to become a trillion-dollar stock by 2035?

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Source Fool.com