ARM Holdings Targets Next 4 Billion Smartphone Users

By | May 21, 2014

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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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