Friday, 11 March 2011

JP Morgan burst ARM stock bubble amid fears of a glut

ARM Holdings shares took a nose dive yesterday on the back of some less than positive commentary from JP Morgan's Rod Hall, who apparently sees the iPad as the only real device that has a chance of shifting units, thus putting a dent in predictions that ARM is on the verge of usurping Intel and others in the larger microprocessor battle for supremacy.

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