SK Hynix’s Solidigm Explores IPO at Up to $150B Valuation - Intel (NASDAQ:INTC), ARM Holdings (NASDAQ:ARM

Arm Holdings (ARM) rose 5% to $321, rebounding after a sharp decline. The surge follows expectations that AI inference will shift to CPUs, benefiting ARM's royalty model. Qualcomm (QCOM) and Intel (INTC) saw smaller gains of 1% and 0.3% respectively. ARM's high P/E ratio (346x) and recent margin compression signal volatility risk. The company's Q1 2027 royalty revenue increased 22% to $715 million, while operating expenses surged 28%, reducing operating margin to 7% from 11%.

AMD's market capitalization reached $1 trillion, reflecting its growth in AI and processor markets, surpassing Intel. According to the company, this milestone highlights a shift in the semiconductor industry. The news may impact investors' views on AMD and Intel. (279 characters)

The Fed raised interest rates by 25 basis points, with all FOMC members voting in favor. Initially, the S&P 500 and Nasdaq showed little reaction, but later slumped. Markets recovered in the last hour, except for the Dow Jones, which fell 1.2%. Fed Chair Kevin Warsh suggested a 25 bps hike in November, less than markets expected. Tech stocks Lumentum, Coherent, Intel, and Nvidia saw gains.

Intel (INTC) can only meet about half of its processor demand, according to CEO Lip-Bu Tan. The company faces industry-wide shortages in substrates, memory, and wafers, which are limiting its supply. Intel has asked customers to prepay suppliers to secure capacity. The demand is driven by AI, with Intel's ordinary processors being crucial for orchestrating tasks. Intel's Q2 revenue was $16.1B, above guidance. The company's ability to increase shipments in Q3 is a key metric to watch.

Cognex (CGNX) will acquire RealSense, an Intel spinoff, for $600M. RealSense, which develops 3D vision tech for robots, will expand Cognex's market into robotic perception. Cognex will pay $500M in cash, with the deal expected to close in Q4. RealSense's revenue grew to $80M-$90M in 2026, up from $8M quarterly at spinout.

Intel's CEO highlighted quantum computing as complementary to traditional processors, citing error correction as an area needing advancement. IonQ demonstrated a real-time quantum error-correction decoder running on a standard CPU, showing potential for conventional computing to handle error correction. Intel shares rose 1.7% to $123.86, while IonQ gained investor attention.