Arm shares jump ~16% as Meta Muse revives CPU enthusiasm
Arm Holdings Plc shares surged about 16% Monday, becoming the Nasdaq-100’s top gainer, as Meta Platforms’ Muse AI agent reportedly boosted enthusiasm for central processing units (CPUs).
’s (META) Muse AI agent reportedly renewed enthusiasm for central processing units (CPUs). The read-through was especially relevant for Arm because Meta is the leading supplier of laptop and smartphone processors.