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The momentum behind the UK low-power chip designer finally peaks, for now.
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Read more.Quote:
The momentum behind the UK low-power chip designer finally peaks, for now.
The premium in ARM is that it is hoped to be a take over target. At the moment it is at an eye watering price to earnings of 121.69 and a poor yield of 0.7%, a P/E of 20 is considered expensive, I can't see ARM growing 6 fold in very short time. This one has south sea bubble written all over it for me, but what do I know.