ARM Holding: Why AI Agents Make the CPU the New Star in the Data Center. HSBC Doubles the Price Target to $205!

On Wall Street, the long-established dogma was: AI belongs to GPUs. However, while Nvidia dominates the headlines, a paradigm shift is occurring in the engine room of data centers, positioning ARM Holding (ARM) at the center of the next growth phase. The driver is so-called agentic AI - autonomous AI systems that not only answer questions but also independently manage complex workflows. This shift from pure model training to massive inference plays directly into Arm's hands. The CPU Renaissance Through Agentic AI While GPUs handle the heavy...