Woofun AI reports that UBS and TD Cowen have substantially increased their target prices for Arm, reflecting a reassessment of CPU value in AI infrastructure. UBS raised its target from $260 to $470, while TD Cowen adjusted its target from $265 to $475, with both firms maintaining Buy ratings. Analysts argue that the rise of agentic AI may elevate the strategic role of CPUs in data center architectures, challenging the narrative of GPU dominance. UBS highlights the market's focus on Arm's standalone CPU revenue potential, projecting it to reach approximately $14 billion by 2030, despite the company noting substantial financial impact will not occur until fiscal year 2028. TD Cowen suggests CPUs may hold a superior strategic position for certain AI workloads over the long term. Both institutions emphasize Arm's advantages in low latency and energy efficiency as critical metrics for major cloud providers expanding AI infrastructure, viewing Arm as a key beneficiary in the server CPU upgrade cycle despite recent short-term price corrections.