#billbaruch — Public Fediverse posts
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US Top News and Analysis | Investor Bill Baruch buys Arm, citing pivot to AI chips and recent Meta deal as catalysts
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Investor Bill Baruch, founder and president of Blue Line Capital, announced that he has bought shares of Arm Holdings, citing the company’s recent pivot to designing and manufacturing its own AI chips and a new deal with Meta as key catalysts. Baruch highlighted that Arm, traditionally a licensor of chip architecture, now counts Meta—its first official customer—alongside OpenAI, SAP and Cloudflare, and expects its newly released chip to generate about $15 billion in annual revenue by 2031. He also emphasized the importance of CPUs in his portfolio, noting Arm’s strong performance, up nearly 89 % year‑to‑date. In addition, Baruch increased his position in Entegris, a supplier of advanced materials for semiconductors, calling it under‑priced and essential to the supply chain, after its shares have surged about 73 % this year.
#BillBaruch #ARMHoldings #Meta #ReneHaas
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