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Arm surged 42% during trading, with strong performance reports continuing to push up stock prices

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Arm Holdings continued its hot rise with a strong performance report continuing to push up its stock price. The company released a positive performance report last week, indicating that artificial intelligence spending is boosting sales. The stock price of the chip design company surged 42% on Monday, with trading volume more than four times the average level of the past three months. Since Arm released its performance after the close on February 7th, the stock's increase in three trading days has expanded to 99%.
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