SoftBank Group shares rose sharply after U.S.-listed shares of chip-designer unit Arm Holdings surged overnight following a better-than anticipated outlook.Shares of SoftBank Group 9984, +9.07% were recently 8.3% higher at 7,168 yen after rising as much as 9.6% earlier Thursday morning.The British chip designer’s stock ARM, +5.52% climbed by 20% in after-hours trading, following the company’s forecast of $850 million to $900 million of sales in its current quarter. That beat forecasts of $779 million in a F ...

Arm Holdings Plc (ARM) stock soared more than 20% in after-hours trading Wednesday after reporting strong earnings and a rosy outlook amid increasing demand for artificial intelligence processing.The British semiconductor designer reported fiscal 2024 third-quarter adjusted earnings per share of 29 cents, up from 22 cents a year earlier. Revenue rose 14% to $824 million as the company gained market share in the cloud and automotive space, and as AI boosted its licensing revenue. The top and bottom line figu ...

ARM Holdings Plc (ARMH) Q3 2024 Earnings Conference Call February 7, 2024 5:00 PM ET Company Participants Ian Thornton - Head of IR Rene Haas - CEO Jason Child - CFO Conference Call Participants Harlan Sur - JPMorgan Gary Mobley - Wells Fargo Thomas O'Malley - Barclays Vivek Arya - Bank of America Securities Mehdi Hosseini - SIG Vijay Rakesh - Mizuho Ross Seymore - Deutsche Bank Charles Shi - Needham & Company Matthew Ramsay - TD Cowen Andrew Gardiner - Citigroup Operator Thank you for standing by, and welc ...

Arm Holdings PLC (NASDAQ: ARM) rallied a whopping 40% in extended hours on Wednesday after reporting blockbuster earnings for its third financial quarter.Arm stock up on upbeat guidanceCopy link to sectionThe stock is being rewarded also because the chip design company issued impressive guidance on strong demand for artificial intelligence. Arm Holdings now forecasts its revenue to fall between $850 million and $900 million in Q4 on up to 32 cents of per-share earnings. Analysts, in comparison, were at $780 ...

U.S.-listed shares of Arm Holdings PLC rallied more than 25% in extended trading Wednesday after the chip designer raised its guidance for the year, saying it is seeing green shoots in the semiconductor market. Arm ARM, +5.52% amassed higher royalty rates for its latest chip, which the company said were “typically at least double” the royalty rates for its predecessor. It also gained market share in the cloud-server and automotive markets, garnering new royalty streams, it said. “Lastly, the broader semicon ...

Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San Jose, California, on October 12, 2023.Arm reported fiscal third-quarter earnings that beat estimates and gave a strong profit forecast for the current quarter. The shares soared more than 20% in extended trading.Here's how the company did versus LSEG consensus estimates for the quarter ending December:Revenue: $824 million, vs. $761 million expectedEPS: 29 cents adjusted, vs 25 cents expected.Arm, whos ...

CAMBRIDGE, England--(BUSINESS WIRE)--Arm Holdings plc (NASDAQ: ARM), the company that is building the future of computing, has today published a letter to its shareholders containing the company’s results for its fiscal third quarter and three months ended December 31, 2023. The letter is available on its investor relations website (https://investors.arm.com/financials/quarterly-annual-results). Arm will host an audio webcast to discuss its results with analysts at 14:00 PT / 17:00 ET / 22:00 GMT today, Fe ...

Arm Holdings PLC tonight publishes its second set of numbers since its much-heralded IPO, with owner Softbank set to bask in the chip designer's strong performance since listing in New York. Assets should show a healthy gain thanks to the 40% rise in Arm’s share price since the float, which will buoy the value of Softbank’s Vision Fund where the largest NAV rise since June 2021 is being forecast. Softbank watchers add the troubled tech investor might even post its first quarterly profit for a year, thanks t ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February, 2024 Commission File Number 001-41800 Arm Holdings plc 110 Fulbourn Road Cambridge CB1 9NJ United Kingdom (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ ...

The biggest growth stocks – Meta (NASDAQ:META), Amazon (NASDAQ:AMZN), etc – posted top-tier earnings to kickstart 2024, sending the S&P 500 climbing back to all-time highs. But, of course, a major criticism is that most of the overall market today is held aloft by those same top tech stocks. The Magnificent Seven stocks, which include earnings report winners like Meta and Amazon, accounted for most of last year’s market gains, and early indicators point to the trend continuing.That’s great for index investo ...