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Arm Falls After Bernstein Downplays Company’s AI Prospects

Yahoo! Finance
(Bloomberg) -- Arm Holdings Plc shares fell on Monday after Bernstein started coverage on the newly public chip designer with an underperform rating, suggesting it may not be the beneficiary of artificial intelligence that some investors expect.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrillion-Dollar Industry Powering Chicago a
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