$ARM Holdings Ltd(ARM)$ Arm is

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$ARM Holdings Ltd(ARM)$ Arm is an established company but relatively new to the public markets and the AI data-center market, with the bulk of its revenue still coming from smartphones. However, more Arm-based chips are gaining in popularity in other devices due to their energy efficiency, which is a key concern for AI applications. The growth of $NVIDIA Corp(NVDA)$ 's Arm-based CPUs, along with the prospect of more Arm-based PC chips coming in the next year for AI PCs, could provide further upside.

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