Benefiting from the surge in demand for AI data centers, Arm's revenue outlook exceeds expectations
According to Golden Ten Data on May 7, thanks to large-scale investments in AI computing by technology companies, the adoption rate of Arm (ARM.O) chip technology continues to rise. The company on Wednesday forecasted its first fiscal quarter revenue would reach $1.26 billion, surpassing the market expectation of $1.25 billion. Arm CEO Rene Haas said, “We are very optimistic about the demand for data centers,” adding that this quarter saw “a rather substantial increase in data center-related royalty revenues.” Earlier this year, Arm launched the AGI CPU, a data center chip designed to handle the large-scale data processing required by certain types of AI. On Wednesday, the company announced that it had secured $2 billion in customer demand for this processor for fiscal years 2027 and 2028.
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