Arm Shares Jump 6% as UBS Raises Price Target to $470
ARM•Arm’s shares jumped about 6% after strong forecasts from Micron and Qualcomm fueled a $400 billion surge in chipmaker market value. UBS raised its price target for Arm to $470 from $260, forecasting Arm’s internal CPU revenue to reach $14 billion by 2030 with a 70% share in head-node markets.
1. Arm Shares Rally on $400B Chip Sector Surge
Arm’s stock climbed roughly 6% following Micron and Qualcomm forecasts that added over $400 billion in market value to chipmakers, with investors betting on accelerating AI memory and data center chip demand.
2. UBS Raises Arm Price Target from $260 to $470
UBS boosted its price target on Arm to $470 from $260, applying a 108x multiple to Arm’s forecasted CPU revenue and citing accelerating standalone CPU deployments in AI infrastructure.
3. Forecast: $14 Billion CPU Revenue and 70% Market Share by 2030
UBS projects Arm’s internal CPU revenue to reach about $14 billion by 2030, driven by roughly a 70% share of an estimated 20 million head-node market, though current core counts may limit near-term standalone rack adoption.
