ARM Holdings (NASDAQ:ARM) faces near-term earnings limits from foundry capacity that prompted HSBC to cut its rating to Hold despite raising its $315 target, even as the company advances chip security by embedding Arteris’ Cycuity Radix verification earlier in CPU IP design, a move KeyBanc sees positively with a $430 target.
Previous Week Recap
- Hsbc Cuts ARM To Hold: HSBC cut ARM to Hold but raised its target to $315, citing foundry capacity limiting near-term earnings. KeyBanc lifted ARM's target to $430.
- Arms Collaboration With Arteris: ARM expanded collaboration with Arteris to embed Cycuity Radix security verification across ARM CPU IP, applying the tool earlier in design to find and fix vulnerabilities before silicon.
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