Scalper1 News
ARM Holdings’ (ARMH) stock rose Wednesday after the company offered an upbeat outlook on royalty growth rates through 2018 at its analysts day on Tuesday. Shares for the U.K.-based designer of low-power smartphone chips were up 3% in early afternoon trading in the stock market, near 44. ARM’s stock has sagged nearly 20% in 2014 amid worries over slowing growth of high-end smartphones and Intel’s (INTC) push into the mobile market. ARM’s Scalper1 News
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