Gronghui May 10 | Arm (ARM.US) rose more than 6% to $110.37. Goldman Sachs published a report stating that Arm's fourth fiscal quarter results were strong, driven by an accelerated increase in royalty revenue and an increase in license revenue. Goldman Sachs pointed out that since investors thought Arm's FY2025 performance guidelines were disappointing, the bank still reiterated the “buy” rating because as customers transition from v8 architecture to v9 architecture and increasingly adopt Arm's computing subsystem solutions, license fee revenue may increase significantly; Arm may gain more market share, particularly in the cloud computing and automotive sectors, so the target price was raised slightly to $110.