Core Insights - The emergence of Agentic AI, particularly through tools like Anthropic's Claude Code, is causing significant shifts in the software and data center industries, leading to a notable sell-off in software stocks [1][2] Group 1: Impact of Agentic AI - Claude Code is predicted to account for over 20% of daily code commits on GitHub by year-end, a substantial increase from the current 4%, marking a pivotal moment in AI development [2] - The transition from manual coding to "vibecoding," where code is generated through natural language prompts, is expected to accelerate the deployment of AI agents that can operate independently [3] Group 2: Companies Benefiting from Agentic AI - Arm Holdings is positioned to benefit from the growth of Agentic AI, as it is known for licensing CPU instruction sets, which are becoming increasingly vital for handling workloads in this new AI landscape [5][6] - The demand for CPUs is anticipated to rise significantly due to their role as agents in orchestrating tasks, which could lead to increased revenue for Arm [6] Group 3: Financial Performance and Future Outlook - Arm's data center royalty revenue has more than doubled year-over-year, with expectations that its data center business will surpass mobile as the largest revenue category in the coming years [7] - Despite a guidance for slower revenue growth in the fiscal fourth quarter, the strong performance in the third quarter reassures investors about Arm's growth potential [7] - The company is also expected to benefit from increasing royalty rates as it introduces newer products like Armv9, enhancing its revenue streams [10]

Back to Market on Close. I'm Marley Caden alongside Sam Bodis in New York. We are seeing shares of ARM Holdings extending its post earning gains with the stock up about 17% on the week.The company topped estimates on the top and bottom line saw royalty revenue jump 27% and license and other revenue increased 25% yearover-year. I want to bring Sam back into the conversation and welcome our guest. Joining us today, the EVP and CFO of ARM Holding, Jason Child.Jason, thank you for taking the time on an exciting ...

Key Takeaways ARM delivered a fourth straight earnings beat, with adjusted EPS up 7.5% year over year on strong execution.ARM revenues climbed 26.4% to $1.24 billion, topping expectations and signaling sustained operating momentum.ARM margins dipped due to reinvestment, but management sees growth and earnings levels as repeatable.Arm Holdings (ARM) reported adjusted earnings of 43 cents per share for the third quarter of fiscal 2026, exceeding the Zacks Consensus Estimate by 4.9% and increasing 7.5% from th ...

格隆汇2月6日｜费城半导体指数大涨4.2%。其中，Arm涨超7%，迈威尔科技、AMD涨超6%，泛林集 团、柯磊、英伟达、应用材料、台积电涨超5%，英特尔、博通涨超4%，阿斯麦涨超3%。 | 代码 | 名称 | 涨跌幅 √ | | --- | --- | --- | | ARM | Arm Holdings | 7.24% | | COHR | Coherent | 6.94% | | MRVL | 迈威尔科技 | 6.47% | | AMD | 美国超微公司 | 6.39% | | LRCX | 泛林集团 | 5.95% | | KLAC | 科雷 | 5.62% | | ENTG | 英特格 | 6.05% | | NVDA | 英伟达 | 5.43% | | MPWR | Monolithic Power Sys | 5.64% | | AMAT | 应用材料 | 5.25% | | NVMI | Nova | 5.47% | | TSM | 台积电 | 5.02% | | INTC | 英特尔 | 4.80% | | AVGO | 博通 | 4.53% | | MTSI | MACOM Technolo ...

Core Viewpoint - ARM's data center business is expected to grow significantly in the next 2 to 3 years, potentially matching or exceeding the smartphone business, which currently accounts for 40% to 45% of total revenue [1][8]. Group 1: Financial Performance and Guidance - Data center revenue growth is currently outpacing other business segments, with its share expected to rise from over 15% towards 20% [1][8]. - The company has raised its fiscal year 2026 revenue guidance from an initial "at least 20%" to a midpoint of 22%, exceeding previous expectations [1][12]. - For fiscal year 2027, while no formal guidance is provided, maintaining a 20% growth rate is deemed reasonable [1][12]. Group 2: Research and Development - R&D spending is increasing at a rate higher than revenue growth, with expectations of a slowdown in R&D expenditure growth after Q1 of the following year [1][14]. - The company anticipates that the growth rate of R&D spending will stabilize, moving towards a more moderate pace [1][14]. Group 3: Market Dynamics and AI Integration - ARM views the recent volatility in the software sector as typical during major technological shifts, emphasizing that AI will not replace chips but rather coexist with them [2][15]. - The deep integration of AI within enterprises is still in its early stages, with ARM itself not fully transformed yet [2][15]. - The demand for computing power remains substantial, and ARM is focused on long-term opportunities in this evolving landscape [2][15]. Group 4: CPU Role in Data Centers - The shift in data centers is moving from training to inference workloads, with CPUs becoming increasingly important due to their efficiency and low latency [3][10]. - The trend of increasing CPU core counts is expected to continue as AI workloads evolve, benefiting ARM's positioning in the market [3][10]. Group 5: Royalty Revenue and Market Impact - Despite anticipated declines in smartphone shipments, ARM expects minimal impact on royalty revenue due to a focus on high-end markets and the transition to newer architectures [4][5]. - The company estimates that even with a 20% drop in smartphone sales, the impact on royalty revenue would only be around 2% to 4% [5][9]. - ARM's royalty income is projected to remain robust, supported by growth in cloud AI and infrastructure business, which offsets potential risks from the mobile sector [4][5]. Group 6: Future Outlook and Strategic Initiatives - The CSS (Compute Subsystems) business is showing significant growth, with expectations that its contribution to royalty revenue will rise from around 15% to over 50% in the next 2 to 3 years [10][11]. - ARM is actively involved in developing new products and services, with future updates on fiscal year 2028 expected as plans are finalized [12][12].

We recently published 10 Stocks Withstanding Market Turbulence. Arm Holdings PLC (NASDAQ:ARM) was one of the best performers on Thursday. Arm Holdings grew its share prices by 5.70 percent on Thursday to close at $110.88 apiece, as investors loaded portfolios following news of record-breaking revenues in the third quarter of fiscal year 2026. In an updated report on Wednesday, Arm Holdings PLC (NASDAQ:ARM) said that revenues surged by 26 percent to $1.2 billion from $983 million in the same period a yea ...

21世纪经济报道记者骆轶琪 AMD董事长兼首席执行官苏姿丰表示："2025年是AMD具有决定性意义的一年，公司实现了创纪录的 营收和收益。2026年的驱动力将来自高性能EPYC和Ryzen（锐龙）处理器的加速采用，以及数据中心 人工智能业务的快速扩张。" 存储芯片持续涨价态势正在对AI芯片市场带来普遍影响。 近日多家AI芯片大厂陆续发布财报，其中存储芯片涨价成为其中备受关注的话题，这尤其表现在与手 机有高度关联的高通和联发科。不仅如此，AMD和Arm也频繁被问及存储涨价对后续业绩的影响。 截至美东时间2月5日收盘，高通股价下跌8.46%、AMD下跌3.84%、Arm上涨5.7%。 面对短期内没有止涨态势的存储芯片影响，这些AI芯片大厂怎么预判后市？又准备如何应对？ 不出意外，AI芯片大厂普遍收获了又一个再创新高的财报季。 AMD发布财报显示，2025财年第四季度营收创下103亿美元的纪录，同比增长34%，驱动力主要来自数 据中心、客户端和游戏业务。 在第四季度中，AMD的数据中心部门营收达到创纪录的54亿美元，同比增长39%，这得益于市场对 AMD EPYC处理器的强劲需求以及Instinct GPU出货量的 ...

>> "BLOOMBERG TECH" IS LIVE FROM COAST TO COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: COMING UP, QUALCOMM OUT WITH EARNINGS. WE ARE BREAKING IT DOWN WITH THE CEOS.CAROLINE: RECORD SPENDING PLANS HIT GOOGLE DESPITE STRONG EARNINGS. ED: BITCOIN FALLS BELOW $70,000 FOR THE FIRST TIME SINCE LATE 2024. WE WILL BREAK DOWN THE NEGATIVE MOMENTUM IMPACTING CRYPTO MARKETS.CAROLINE: THAT NEGATIVE MOMENTUM IS AFFECTING MARKETS MORE BROADLY. THE NASDAQ OFF BY ONE POINT 4%. THE LOWEST SINCE N ...

分析师上调评级——New Street Research将ARM评级上调至"买入"，增强了分析师的看涨关注，有望支 撑短期买盘压力。 来源：环球市场播报 Arm控股公司（纳斯达克代码：ARM）股价今日走高，此前公布的第三季度业绩喜忧参半但整体向 好，且其人工智能驱动的业绩展望乐观，不过投资者仍在权衡其许可收入未达预期及行业面临的不利因 素。以下是可能影响该股走势的关键消息。 积极情绪： 第三季度业绩超预期——ARM公布的每股收益为0.43美元，营收达12.4亿美元，均超过市场预期，并显 示出强劲的同比增长，提振了市场情绪。 来源：Arm Holdings股票今日为何上涨 第四季度业绩指引乐观——公司预计第四季度营收和每股收益将高于市场预期，理由是AI数据中心对 Arm架构的持续需求，这一前瞻性展望强化了对AI相关收入的乐观预期。 来源：Arm预计季度营收超预期 许可收入略低于预期——许可收入微幅不及预期，导致股价在盘后交易中下跌；许可是高利润率且对业 绩敏感的业务线，投资者密切关注其利润可持续性。 来源：许可收入不及预期致股价暴跌 智能手机市场面临阻力——内存短缺和原始设备制造商减产可能制约明年手机出货量及智 ...

"从行业层面看，内存供应紧张和价格上涨，或将直接决定整个手机市场的整体规模上限。" 全球高带宽内存（HBM）短缺正从数据中心迅速向消费电子领域蔓延，智能手机行业已成为首要承压 环节。这场由人工智能基础设施需求激增引发的"内存危机"，正在对全球电子产品供应链形成结构性冲 击。 全球最大智能手机芯片生产商高通与英国半导体设计企业Arm Holdings相继发出预警，指出HBM的持 续短缺将直接限制智能手机产量。作为全球最大的智能手机处理器供应商，高通首席执行官Cristiano Amon在财报电话会上表示： 据Amon透露，部分客户已表示将在今年削减手机生产计划。据报道，多家主流智能手机制造商正着手 下调其2026年出货目标，其中一家的调整幅度据称高达20%。 这场短缺被普遍视为中长期结构性挑战。英特尔首席执行官陈立武直言："据我所知，短缺局面不会缓 解。"市场研究机构TrendForce进一步预测，今年生产的高端内存芯片中预计将有70%被数据中心吸纳， 消费电子领域的分配份额将持续受到挤压。 内存短缺的影响正在整个电子产品供应链持续传导与深化。芯片制造商联发科本周在分析师电话会议上 坦言，供应状况"正在动态演变 ...