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Analysts forecast growth rate of ARM shares
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POSTER: computer news || ANALYSTS FORECAST GROWTH RATE OF ARM SHARES |
DATE:2014-12-16 |
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Canaccord Genuity analyst Matt Ramsey (Matt Ramsey) argues that now is the time to buy shares of ARM while they are trading at $ 43, while their price target is $ 54-56. Its forecast, he explains several reasons, including the increasing demand for 64-bit solutions in the mobile segment. The analyst noted that sales ARMv8 chips will no longer be limited to Apple. The new chipset Qualcomm Snapdragon 810 also will be based on ARMv8, as well as all other future SoC platform with 64-bit architecture. In addition to smartphones ARMv8 find its application in corporate networks and servers, creating even more opportunities. This is good news for ARM, because its income from processor designs based on a set of ARMv8 significantly higher 32-bit systems. | ||
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ANALYSTS FORECAST GROWTH RATE OF ARM SHARES |
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