USSTOCK.TODAY
Market Closed
Log in Sign up

Arm Holdings to begin manufacturing own chips and confident in reaching $2 billion CPU revenue goal

The Motley Fool +1 · ·by G4L

ARM Arm Holdings Plc ADR
$203.36 +12.05%
View chart & analysis →
  1. 1Arm Holdings reported second-quarter total revenue of $1.44 billion, a 27% increase.
  2. 2Arm Holdings expressed confidence in securing supply to reach its $2 billion CPU revenue goal for fiscal years 2027-2028.
  3. 3Arm Holdings announced that data center royalty revenue doubled this quarter.

So what's the key point?

Arm Holdings announced that its revenue grew by 27 percent. The company is confident that its future CPU revenue will reach $2 billion.

Source The Motley Fool +1 · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →