$ARM Holdings Ltd(ARM)$ only 1% of ARM is held by public. ARM gets rotality and licence fee for every chilp sold by all top companies(almost 99% mkt). Currently 30B chips per year and this number is expected to sky rocket ×100 times in next 5 years. Think it like amost every thing done for AI and ARM gets some royality like 20 cents or 2 dollar per chip. Now calculate revenue for 3000 B chips. In 5 years they may have revenue of like 50B and most of that trqnslate to income. No wonder its trading at 220 times it current eps. There is no room for any competetor at least for next 3 years and even after that high switching cost. A must buy and hold for 5 years for a target of 2500 to 3000.
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But their board are selling?