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Softbank's great semiconductor hope Arm isn't the AI play you think it is

The British semiconductor designer isn’t directly involved in the hottest business in town unlike Nvidia’s GPUs, whose superior parallel processing capabilities made them perfect for training and maintaining AI models. Arm can still benefit from the AI boom thanks to its business designing chips for data centres, but its path to capitalising will take a longer time
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US Stock Futures Retreat With All Eyes on Nvidia: Markets Wrap

(Bloomberg) — US equity futures declined as the latest earnings reports and corporate news failed to dispel worries about higher-for-longer interest rates and the faltering Chinese economy. Futures on the S&P 500 and Nasdaq 100 were pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in pre-market trading…
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