ARM

US major indices closed mixed in a highly volatile session: the Dow rose 0.17% while the S&P fell 0.26% and the Nasdaq dropped 0.97%, with intraday ranges of over 1,000 points on the Dow and 1,279 points on the Nasdaq. Chip and AI-linked stocks led losses — dragged by Broadcom's prior forecast miss and a near-7% drop in the Philadelphia Semiconductor index — while airlines rallied 3–7% on lower oil prices tied to potential Iran-US de-escalation. A stronger-than-expected May jobs report (172K vs. consensus) revived rate-hike fears ahead of Tuesday's CPI print, pressuring high-valuation growth stocks.

Arm Holdings shares reached another all-time high, according to CNBC's Investing Club "Homestretch" segment. The article is a brief afternoon trading update teaser with no specific details provided on the catalyst driving the move. No new fundamental information or company-specific news is disclosed in the body.

Arm Holdings shares extended a weekly rally of nearly 50%, while Starbucks has cancelled an AI project, according to CNBC's Investing Club "Homestretch" afternoon update. The article is a brief recap/teaser with minimal detail on either development. No further specifics on the drivers of ARM's rally or the nature of the cancelled Starbucks AI initiative are provided in the body.

According to a report, Arm Holdings and SoftBank made a last-ditch attempt to acquire AI chip startup Cerebras Systems prior to its IPO. The acquisition effort was ultimately unsuccessful, leaving Cerebras to proceed with its public offering. The report suggests strategic interest from both Arm and SoftBank in consolidating AI chip capabilities ahead of Cerebras' market debut.

Arm Holdings CEO Rene Haas addressed investor concerns following a post-earnings stock decline, expressing confidence in the company's ability to secure additional supply of its new CPUs. The comments appear aimed at reassuring the market after a negative market reaction to recent earnings results. No new financial guidance or concrete supply agreements were announced.

Jim Cramer's daily market watch list highlights Arm Holdings shares declining despite strong CPU demand, and offers a defense of Kraft Heinz's outlook. The article is a recurring opinion/commentary segment covering multiple stocks and market themes.

CNBC's Investing Club is raising its price target on Arm Holdings following a strong recent rally in the stock. The article is a brief teaser for the club's "Homestretch" afternoon update and provides no specific figures for the new price target or detailed rationale. Limited detail is available beyond the headline announcement of the upward revision.

Intel reported a strong quarterly earnings result, which CNBC's article frames as a positive signal for CPU demand broadly. The performance is cited as a rationale for holding a stake in Arm Holdings, given Arm's exposure to the same CPU market tailwinds. No specific financial figures are detailed in the provided text.

Intel stock surged +24.89% at the open following a strong Q1 earnings report, pushing it to the top of 2026 year-to-date performance among major CPU companies. The move lifted the broader semiconductor sector, including AMD and Arm Holdings. The article compares 2026 stock performance across Intel, AMD, and ARM as the leaderboard shifts in Intel's favor.

Advanced Micro Devices (AMD) shares rose 13% in Friday morning trading to approximately $346, reaching a fresh record high. The move extends a 63% gain over the prior month. The article compares AMD's performance against other CPU-related companies, including Arm Holdings.

Intel reported Q1 revenue of $13.58B and EPS of $0.29, both significantly above analyst estimates, with strong Q2 guidance citing AI infrastructure demand and CPU growth. The results drove positive after-hours moves in semiconductor peers AMD and Arm Holdings. Intel's CEO highlighted shifting AI infrastructure dynamics and advanced packaging demand as key growth drivers.

Intel stock has risen 86% year-to-date, driven by agentic AI demand boosting server CPU sales and enabling margin expansion. BNP Paribas upgraded INTC from Underperform to Neutral with a $60 price target, projecting EBITA recovery from a -$2.2B in FY25 to +$4.6B by FY27. Risks include PC revenue headwinds and ongoing market share losses to AMD and ARM in key segments.