Over the past few years, demand for artificial intelligence (AI) chips has surged massively, fueled by widespread AI adoption and robust growth projections for the AI market. Shares of Arm Holdings Plc ADR (ARM), a leading processor-architecture solutions provider company controlled by SoftBank (SFTBY), have been major beneficiaries of the heightened investor excitement surrounding AI. Arm Holding shares have gained more than 95% since their stock market debut on Sep. 14, 2023. At $51.00 per share, Arm Holding raised $4.87 billion, valuing the company at $54.5 billion—the largest IPO since lat…