What's Going On With Arm Holdings Stock Wednesday?

Arm Holdings (NASDAQ:ARM) drew investor attention on Wednesday as optimism over artificial intelligence continued to drive activity across semiconductor stocks. The British chipmaker, whose energy-efficient processor blueprints power the majority of the world's smartphones, also has a growing presence in automotive, data center, and Internet of Things applications. Its technology underpins much of the current AI infrastructure boom. Despite that positioning, Arm shares are up only 8% year-to-dat