Arm Sinks 9% as Chip Selloff Deepens; Qualcomm Drops 6%, Marvell Slides 5%

Arm Sinks 9% as Chip Selloff Deepens; Qualcomm Drops 6%, Marvell Slides 5%

Chip stocks are under pressure across the group, and Arm Holdings (NASDAQ:ARM) is the worst performer among large semiconductor names. Arm stock is down 9% to $282.46 in morning trading, and the company hasn’t released any announcement that accounts for the drop. That leaves the gap between Arm and the rest of the chip group […]