Arm Holdings shares opened at $306.78, up from Thursday’s close of $292.34, and reached an intraday high of $311.89 after Nvidia disclosed that Arm-based processors handle AI agent operations and safety oversight within its BlueField 4 infrastructure. The announcement highlighted Arm’s expanding role in AI infrastructure beyond mobile devices. Arm’s latest quarterly results also exceeded expectations, with earnings per share of $0.45 versus a $0.40 consensus estimate and revenue of $1.29 billion, up 22% from a year earlier. CEO Rene Haas said supply availability for Arm’s AGI CPU was improving and that the company had visibility into fulfilling $2 billion of identified customer orders. Analysts remain divided, with price targets ranging from $280 to $350 and an average target of $303.32. Arm’s valuation stood at about 324 times earnings and a market capitalization of approximately $335.7 billion. CFO Jason Child sold 10,400 shares through a pre-established Rule 10b5-1 arrangement, while several institutional investors increased their holdings.