Arm Holdings: AI Boom Meets Seasonal [Headwinds]
Reading Time: 2 minutes
The British heavyweight in chip design, Arm Holdings, is heading into a transition quarter. Despite the unwavering enthusiasm for AI and massive demand from data centers, the company expects a more moderate growth rate for the 4th fiscal quarter. While revenue surged by a strong 26% in the previous quarter, management signals an increase of about 18% for the current period. Cautious Outlook Unnerves Investors For the current closing quarter, Arm aims for revenue of around $1.47 billion (plus/minus $50 million). This places the company slightly...
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