ARM Holdings is trading at -5.84% at ARS 13,230 as investors continue to sell the stock following its earnings beat amid valuation concerns and a broader semiconductor selloff.
- Shares previously slumped on August 1 due to a high valuation, despite strong first-quarter results and an optimistic outlook.
- The broader semiconductor sector is down 3.56% as concerns regarding AI spending hit industry sentiment.
- This risk-off tone adds pressure to ARM Holdings, which remains highly sensitive to valuation and sector-wide trends.