On August 4, ARM Holdings rose 3.19% in pre-market trading, trading at 246.71 USD/share, with turnover of 1.2612 million USD.

On the news front, the semiconductor sector staged a broad rebound, with Micron Technology up 3.8%, Intel up 3.46%, Advanced Micro Devices up 3.17%, Broadcom up 1.04%, and NVIDIA up 0.86%, creating sector-wide momentum that lifted the stock. The rebound follows the previous session's decline of over 4%, which was pressured by multiple institutions slashing price targets — Bank of America cut to $260 from $460, RBC to $340 from $475, UBS to $320 from $360, and Wells Fargo to $280 from $350.

Despite the target price reductions, fundamental support remains intact. ARM reported FY2027 Q1 adjusted EPS of $0.45, beating the $0.40 consensus by 12.5%, with revenue of $1.29 billion versus estimates of $1.26 billion. The company guided Q2 revenue to approximately $1.38 billion, above the FactSet consensus of $1.34 billion, reinforcing market confidence in its growth trajectory and driving sentiment recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)