Arm Holdings PLC – ADR (NASDAQ:ARM) stock is higher by some 8.39% to $152.61 Wednesday afternoon. The company earlier announced the launch of its powerful Lumex CSS platform, designed to embed AI into the next generation of smartphones and PCs.
Investor confidence is being fueled by the platform's promised 5x boost in AI performance and critical adoption from industry giants like Apple, Samsung and Google.
This move potentially positions Arm to capture a large portion of the on-device AI market and is part of a broader, AI-driven rally Wednesday.
Oracle's stock also soared as much as 40% Wednesday despite missing quarterly estimates. Investors looked past the results, focusing instead on a massive $455 billion revenue pipeline fueled by enterprise demand for cloud AI.
Benzinga Edge Rankings: Underscoring the positive news, Benzinga Edge rankings give the stock a strong Momentum score of 65.95.
Read Also: AMD Stock Is Surging Wednesday: What’s Going On?
How To Buy ARM Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in ARM Holdings’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
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