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The story behind the story

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Arm reports Q4 revenue up 20% YoY to $1.5B, says AGI CPU demand will drive $2B in sales in 2027 and 2028, over 2x its prior guidance; ARM jumps 11%+ after hours

SoftBank-backed UK group says its first in-house semiconductor has drawn strong demand  —  Arm shares jumped 10 per cent …

Financial Times Michael Acton

Discussion

  • @patrickmoorhead Patrick Moorhead on x
    $ARM delivered a clean BEAT and RAISE on every line that mattered, and the data center business doubled YoY. The story is no longer pure IP licensing. It is now also silicon with AGI, and the silicon business is ramping faster than @renehaas237 told the Street six weeks ago. 5