Arm’s stock snaps a seven-day winning streak as it loses some of its AI glow
Arm shares fell, ending a seven-day winning streak, amid AI sector pressure and concerns over Qualcomm-OpenAI chip role.
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arm shares fell monday, snapping a seven-day winning streak. the stock was the biggest decliner on the nasdaq 100. the drop came as ai names broadly faced pressure, but arm had an extra problem: questions about whether it will be part of a potential qualcomm-openai chip.
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