Jim Cramer loves being right. And when it comes to Arm Holdings (NASDAQ:ARM), he’s been right for a while now — and he’s not letting anyone forget it.
The chip designer is up 29% year-to-date and 22% over the past month. On March 25th, the stock surged 16% after Arm revealed its in-house AI chip could generate $15 billion in revenue by 2031. That’s not a projection. That’s a new business line the market didn’t fully price in until now.
Bank of America raised its price target to $140 from $135 on February 24th, calling the share price rally a potential 25% gainer by 2030. The firm noted that Arm’s new chip expands its total addressable market in ways that licensing alone never could. In short, Arm isn’t just designing chips anymore — it’s building them, selling them, and eating into markets dominated by bigger names.
Cramer has been pounding the table on Arm since early 2025, back when skeptics weren’t sure the company could compete in AI. In his latest appearance, he took a victory lap: “Here’s another one that David will like, winners, win. David, Arm Holdings. You used to laugh at Rene Haas.”
Translation: If you doubted Arm’s CEO, you doubted the stock. And if you doubted the stock, you missed a 29% year-to-date gain. Cramer’s not subtle, but he’s not wrong either. Arm is winning, and the momentum isn’t slowing down.
