Arm Holdings Is A 'Strong AI Play' But Not A Buy, Analyst Says
Arm Holdings Is A 'Strong AI Play' But Not A Buy, Analyst Says
Shares of Arm Holdings PLC (NASDAQ:ARM) had spiked last week on prospects of the company's V9 architecture being used in the new A18 chip for Apple Inc's (NASDAQ:AAPL) iPhone 16.
Arm Holdings PLC（納斯達克: ARM）的股票上週飆升，原因是公司的V9架構有望用於蘋果公司（納斯達克:AAPL）iPhone 16的新A18芯片。
The company has a proven growth track record and opportunities to continue growing faster than Street expectations, according to Benchmark.
該公司擁有經過驗證的增長記錄，並有機會繼續比街道預期增長更快，Benchmark分析師表示。
The Arm Holdings Thesis: While the company is a "strong AI play," the elevated growth expectations are already priced into its stock, analyst Cody Acree said in a note Monday.
Arm Holdings的論點：分析師Cody Acree在週一的一份聲明中表示，雖然該公司是一個「強大的人工智能項目」，但已經將提升的增長預期定價進了股票。
"For now, we are initiating coverage with a Hold rating and setting no price target, as is Benchmark's standard practice," Acree said.
「目前，我們以持有評級開始覆蓋工作，並且不設定價格目標，這是Benchmark的標準做法，」 Acree表示。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
"We believe the company is a unique investment property with solid leverage to the industry's fastest growth drivers, a growing position in the rapidly expanding AI and Data Center markets, and a dominant player in key industry verticals, such as smartphones and a growing participation in the AI PC market," the analyst wrote.
分析師寫道：「我們認爲公司是一個獨特的投資物業，與行業板塊最快增長的驅動因素有牢固的關聯，不斷擴大在迅速擴展的人工智能和數據中心市場中的地位，以及在關鍵行業垂直領域的占主導地位，例如智能手機和不斷增長的人工智能個人電腦市場。」
He added, however, that Apple's iPhone 16 will follow a "piece-meal AI strategy," with Apple Intelligence being launched sometime next month in the U.S. followed by a staggered rollout globally.
不過，他補充說，蘋果的iPhone 16將採用「分段式人工智能策略」，隨着美國下個月推出Apple Intelligence，隨後在全球範圍內實行分階段推出。
Arm's stock trades at twice the forward multiples of direct AI peers, such as Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Broadcom Inc (NASDAQ:AVGO) and Marvell Technology Inc (NASDAQ:MRVL), Acree further stated.
Acree進一步表示，Arm的股票交易價格是直接人工智能同行的2倍。這些同行包括英偉達公司（納斯達克: NVDA）、美國超微公司（納斯達克: AMD）、Broadcom公司（納斯達克: AVGO）和馬維爾科技公司（納斯達克: MRVL）。
ARM Price Action: Shares of Arm Holdings had declined by 4.92% to $140.12 at the time of publication on Monday.
ARm價格走勢：Arm控股的股價在週一發佈時下跌了4.92%，至140.12美元。
Read More:
閱讀更多：
- Apple Shares Slide In Monday Premarket: What's Souring Sentiment?
- 週一盤前 蘋果股價下滑：是什麼導致情緒變差？
Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。