Arm stock initially tumbled following the earnings report, but it rebounded in the following days. While the company's outlook didn't blow investors away, there was a lot to like about Arm's results. Revenue surged 47% year over year thanks to strong royalty and licensing growth. Free cash flow increased nearly as fast.

Artificial intelligence, or AI, is everywhere. While this technology has long been used in many of the electronics we use every day, the current generation of AI tools has brought machine learning

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