Mizuho lifted Arm Holdings' price target to $500 from $425 on June 4, maintaining an Outperform rating. The firm cited accelerating agentic AI tailwinds as Arm's platform expands with Oracle and ByteDance. Mizuho projects Arm could generate $15 billion in agentic AI CPU revenue by fiscal 2031.
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Agentic AI Revolution: 3 Unstoppable Software Stocks That Could Soar Up to 107%, According to Wall Street
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