A few days ago, I was considering buying some Arm shares due to its promising revenue, and sell off in the mid of April. However, today, it surged 7% in response to the news where it will introduce a new Ai chip in 2025.
The hype is real, and now the price is still surging at this moment.
I personally think the company hasn’t really proved it self like and just started trading not even a year ago. Also the price now is over the analyst’s consensus price.
Do you think there will be a sell-off soon? Or the expectation for it is realistic?
