$ARM

Nvidia (NVDA) sold its entire stake in Arm (ARM) by 2025 but continues to use Arm's architecture in its Grace and Vera CPUs. The move separates equity ownership from technical cooperation, allowing Nvidia to focus on capital allocation and Arm to license its technology broadly. Hedge-fund activity increased for both companies, with Nvidia's ownership rising to 285 funds and Arm's to 52 funds.

Arm shareholders will vote on CEO Rene Haas's pay package on Sept 9. SoftBank, owning 86%, supports the deal. Haas could receive equity grants if Arm's market cap reaches $1T by 2029, up to $800M by 2031. His base salary is $1.35M with potential performance shares. Current market cap is $250M. Haas's compensation was $60M in 2023 and $70M in 2024, according to the company.

Broadcom's software boss, Ram Velaga, stated that Arm servers will not gain significant enterprise market share for 3-5 years, delaying adoption. VMware, a Broadcom unit, focuses on x86 virtualization and is slowly developing Arm support. Velaga also noted no current interest in RISC-V processors. Broadcom allocates 60% of its $5B R&D budget to maintaining VMware's existing products, with the rest for new developments like AI.

Treasury Secretary Scott Bessent defended the administration's bond market intervention, responding to criticism from billionaire investor Stanley Druckenmiller, who called the debt buybacks a mistake. Bessent argued that U.S. bonds have performed well since Trump's presidency. Meanwhile, Druckenmiller's Duquesne Family Office increased stakes in Amazon (AMZN) and Alphabet (GOOGL), and added positions in Tesla (TSLA), Meta (META), and crypto-mining stocks Bitdeer (BTDR) and Riot Platforms (RIOT)

ARM (down 2.93%) and Sandisk (SNDK, down 1.90%) reported Q2 2026 results. ARM had a 7.6% operating margin, while Sandisk reported 78%. Sandisk shows rapid revenue growth due to AI-driven demand for storage, while ARM's revenue grew year-over-year but fell sequentially. Sandisk's future depends on AI demand and supply agreements; ARM is expanding into data centers.

ARM seeks shareholder approval for a CEO pay package worth up to $800 million if the company reaches a $2 trillion valuation. Proxy advisors ISS and Glass Lewis recommend rejecting the plan, calling it excessive. ARM argues the pay structure is competitive with US tech firms. SoftBank, with an 86.4% stake, may influence the vote.

Arm Holdings (NASDAQ: ARM) stock fell 5.1% on Tuesday, with shares down 3.3% by midday. The decline followed a regulatory filing revealing CFO Jason Child sold 10,400 shares for $2.65 million, part of a pre-arranged trading plan. Child still owns 163,832 shares. Arm's high valuation (239x earnings, 105x forward earnings) may contribute to volatility.

Child Jason (Chief Financial Officer) sold 10,400 shares of ARM HOLDINGS PLC /UK (ARM) at $255.33 ($2.66M total) on 2026-08-27 under a Rule 10b5-1 trading plan.

Arm Holdings (ARM) receives a BUY rating with a $265.32 target, citing doubled AGI CPU demand to $2B and surging data center royalties. Q1 revenue grew 22.41% YoY, but EPS missed estimates. CEO Rene Haas highlights increased confidence in AGI CPU business. NVIDIA (NVDA) uses ARM's architecture, while Qualcomm (QCOM) faces trial with ARM in Q4 2026.

Intel (INTC), Arm (ARM), and AMD shares rose on Wednesday after Bernstein upgraded its outlook, citing AI-driven growth and stronger server demand. Bernstein raised price targets: ARM to $500, AMD to $600, and INTC to $100. Intel also announced progress in its manufacturing roadmap.