Goldman Sachs names Arm Holdings plc (ARM) as a key stock to watch for market share gains and profit growth in the server sector

We recently compiled a list of the 11 AI news and reviews you shouldn't miss. In this article, we'll take a look at where Arm Holdings plc (NASDAQ:ARM) stands compared to the other AI stocks.

Investors are eagerly awaiting the election results in the United States and are trying to adjust their money-making strategies in light of recent developments. In this regard, investment advisory firm Wedbush Securities recently published an investor note in which it noted that a historic victory by Republican candidate Donald Trump and a possible Republican election victory would result in a very bullish market reaction for technology and have a positive impact on artificial intelligence. The consultancy's analysts predict a very strong bullish market reaction to a Trump victory, with Big Tech taking center stage. Analysts also warned that China's tariffs and a tougher stance from Trump toward Beijing will impact the supply chain/chips and Big Tech in the coming year. However, Wedbush expected Trump to have a strong AI focus for US Big Tech players, Khan's exit from the FTC and Musk's big bet that Trump would be a win for his company.

For more information on these developments, see The 10 Best AI Data Center Stocks And 10 Booming AI Stocks According to Goldman Sachs.

Wedbush analysts predicted a Trump victory would be worth about $50 per share for Tesla. They also highlighted that under the Trump administration, Washington would introduce new AI initiatives that would benefit large technology companies, with the Defense Department also funding companies working closely on AI adoption in the military. The bullish commentary comes at a time when major technology companies are struggling with rising capital spending on the one hand and investor pressure for short-term results on the other. Mark Zuckerberg said during his company's earnings call that infrastructure development may not be what investors want to hear in the near future, but the opportunity here is really strong and his company will continue to invest significantly in this area.

For more information on these developments, see 30 The most important AI stocks according to BlackRock And Beyond the Tech Giants: 35 Non-Tech AI Opportunities.

For this article, we selected AI stocks by reviewing news articles, stock analysis and press releases. These stocks are also popular with hedge funds.

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Arm Holdings plc (NASDAQ:ARM) designs, develops and licenses central processing unit products and related technologies to semiconductor companies and original equipment manufacturers. As the US election results emerge, investment advisory Goldman Sachs has highlighted three companies that investors should keep an eye on. One of them is Arm Holdings. According to the report, Arm will continue to expand its market share in the server sector while achieving continued margin improvement and profit growth in the coming months.

Overall, POOR takes 11th place on our list of AI news and reviews you don't want to miss. While we recognize ARM's potential as an investment, we believe some AI stocks are more promising to deliver higher returns, and within a shorter time frame. If you're looking for an AI stock that has more promise than ARM but trades at less than 5 times earnings, check out our report on it cheapest AI stock.

READ MORE: $30 Trillion Opportunity: The 15 Best Humanoid Robot Stocks to Buy, According to Morgan Stanley And Jim Cramer says NVIDIA has “become a wasteland”.

Disclosure: None. This article was originally published on Insider Monkey.