Arm shares dip 8% on revenue miss

Group 1 - Arm Holdings shares fell by as much as 9% in after-hours trading following the release of the company's first-quarter earnings results [1] - The company expects second-quarter revenue to be between $1.01 billion and $1.11 billion, aligning with the analyst expectation of $1.05 billion [1] - Earnings per share were reported at 35 cents, matching analyst expectations, while revenue was slightly below expectations at $1.05 billion compared to the anticipated $1.06 billion [3] Group 2 - ARM is a chip technology firm that provides architecture for chips used in billions of devices, including those from Apple and Qualcomm [2] - Samsung launched the Galaxy Flip 7 during the quarter, utilizing the Exynos 2500 chip based on ARM's compute subsystem platform [2] - CEO Rene Haas indicated a strategic decision to invest more heavily, hinting at the possibility of designing proprietary processors [2]