Like the rest of the semiconductor sector, Arm Holdings (NASDAQ:ARM) endured a brutal sell-off on Thursday. Shares of the chip stock, which is best known for licensing its power-efficient CPU architecture, lost 13% on Thursday following its fiscal second-quarter earnings report. That sell-off was largely driven by the broader plunge in tech stocks on concerns about potential data center restrictions following the midterm elections, though Arm shares fell in after-hours trading on Wednesday after the report came out.
CryptoAlerta — análise de criptomoedas e mercado em tempo real