Arm Holdings PLC (NASDAQ:ARM) shares are getting a boost on Friday from strong wave of buying across the semiconductor sector after Intel Corp (NASDAQ:INTC) delivered first‑quarter results that far exceeded expectations.

ARM Holdings stock is at critical resistance. Why is ARM stock breaking out?

Intel's Results Spark a Sector-Wide Rally

Arm shares are rising as traders react to Intel's much stronger‑than‑expected first-quarter report. Intel posted earnings of 29 cents per share, far above the one cent analysts were expecting, and revenue of $13.58 billion, beating estimates by more than $1 billion.

Because Arm's architecture is widely used in data center and AI chips, Intel's strong results are being interpreted as a sign that the broader compute market is expanding, not contracting. Even though the two companies compete in certain areas, Intel's strong results are lifting sentiment across the entire chip sector.

AI Strength Is A Key Signal For Arm

One of the most important takeaways from Intel's report is ...