Arm Holdings is trading 3.27% down at $247.05 as semiconductor shares face broader pressure.
- Reports cited concerns about Chinese chipmaker CXMT’s memory-technology progress and renewed AI-investment valuation worries after Broadcom’s CEO likened some AI investing to a casino.
- A Delaware jury found Arm breached its Qualcomm license agreement, but awarded only $2 in nominal damages; reports tied the verdict to a prior-session share decline.