智通财经7月31日电，ARM召开了2026财年第一季度的财报电话会。公司提到，去年Arm在超大规模数 据中心的市场份额约18%，今年预计接近 50%。 ARM：预计今年ARM芯片在超大规模数据中心市场份额接近50% ...

Core Viewpoint - ARM's Q1 FY2026 earnings call highlighted significant growth in cloud computing, with over 70,000 enterprises running AI workloads on Arm Neoverse data center chips, a 40% year-over-year increase, and a 14-fold increase since 2021. The company's market share in large-scale data centers is expected to approach 50% this year, up from approximately 18% last year [1][4]. Cloud Computing - ARM is developing many small chips (chiplets) based on its intellectual property (IP) and is evaluating the feasibility of expanding beyond existing platforms into more subsystems and complete solutions [1][2]. - The growth in ARM's market share in large-scale data centers is driven by its ability to capture general workloads from x86 and dominate AI workloads with integrated Arm designs [4][6]. Financial Performance - The company's royalty revenue grew by 25%, slightly below the previous quarter's expectations of 25%-30%, primarily due to slower-than-expected growth in the smartphone segment [3][11]. - ARM's Q1 revenue from China accounted for 21%, an increase from 15% in the previous quarter and 14% year-over-year, aligning with global growth trends [1][13]. Strategic Developments - ARM is positioned uniquely to provide solutions across a wide range of devices, from small devices to large data centers, and is exploring further integration in its ASIC and complete terminal solutions strategy [2][10]. - The second generation of CSS (Compute Subsystem) transactions is expected to have royalty rates exceeding 10%, indicating potential for further revenue growth [8][11]. Market Dynamics - The increase in capital expenditures by large enterprises is expected to positively impact ARM's royalty revenue from existing ASIC designs and long-term CSS licensing opportunities [11]. - ARM's Chinese market is developing in sync with global trends, with no significant impact from recent GPU export controls [12][13]. Future Outlook - ARM's confidence in its market share growth beyond 50% is supported by its customizable architecture and the increasing adoption of AI in data centers [6][11]. - The company is actively pursuing opportunities in the automotive sector, particularly in ADAS applications, which are expected to drive future growth [16].

智通财经7月31日电，微软美股盘前上涨8.77%，其第四财季净利润同比增长24%；Meta盘前上涨 12.38%，其二季度净利润同比增长36%；Arm盘前下跌7.24%，其第一财季净利润同比下降42%。 ...

来源：智通财经APP 超低功耗AI芯片制造商Ambiq Micro(AMBQ.US)周三登陆纽交所，在首次公开募股(IPO)中筹得 9600万 美元，上市首日收涨61%，报38.53美元，远高于其24美元的发行价。由于交易波动，Ambiq的股票在交 易时段内曾两次触发熔断。 招股书显示，Ambiq的平台号称能将能耗降低至传统芯片的五分之一。这家由Arm(ARM.US)支持的公 司的芯片技术正在推动AI算力从数据中心向智能手表、健身追踪器等可穿戴设备迁移，这些设备的电 力限制此前曾成为AI功能发展的障碍。 Ambiq首席技术官Scott Hanson表示："公司发展的第一阶段是帮助客户延长设备电池寿命，但我们真正 的价值主张在于，在保持相同电池续航的同时，新增此前无法实现的AI功能。"他补充称，Ambiq技术 的其他潜在应用包括将大型语言模型(LLMs)嵌入到增强现实(AR)和虚拟现实(VR)眼镜等设备中。 Ambiq客户群相对集中。根据招股书，今年第一季度，该公司最大客户贡献了38%的收入，但未披露该 客户身份。第一季度中占销售额10%以上的最终客户包括Garmin(GRMN.US)、谷歌母公司 Alphab ...

招股书显示，Ambiq的平台号称能将能耗降低至传统芯片的五分之一。这家由Arm(ARM.US)支持的公 司的芯片技术正在推动AI算力从数据中心向智能手表、健身追踪器等可穿戴设备迁移，这些设备的电 力限制此前曾成为AI功能发展的障碍。 Ambiq首席技术官Scott Hanson表示："公司发展的第一阶段是帮助客户延长设备电池寿命，但我们真正 的价值主张在于，在保持相同电池续航的同时，新增此前无法实现的AI功能。"他补充称，Ambiq技术 的其他潜在应用包括将大型语言模型(LLMs)嵌入到增强现实(AR)和虚拟现实(VR)眼镜等设备中。 Ambiq客户群相对集中。根据招股书，今年第一季度，该公司最大客户贡献了38%的收入，但未披露该 客 户 身 份 。 第 一 季 度 中 占 销 售 额 10% 以 上 的 最 终 客 户 包 括 Garmin(GRMN.US) 、 谷 歌 母 公 司 Alphabet(GOOGL.US)以及另一位未公开的客户。根据招股书，在截至3月31日的三个月内，Ambiq的净 亏损为830万美元，营收为1570万美元;而2024年同期的净亏损为980万美元，营收为1520万美元。 智通财 ...

Core Viewpoint - Arm's second-quarter financial forecast fell short of market expectations, leading to an 8.65% drop in stock price, primarily due to plans to invest profits in developing its own chips and components, which disappointed investors [2]. Group 1: Strategic Shift - Arm is transitioning from licensing designs to developing its own chips, marking a significant change in its business model [2][3]. - The CEO, Rene Haas, emphasized that the investment in chip development is a conscious decision to move beyond just design and into manufacturing [2][3]. - The company is exploring the development of Chiplets, which are smaller, function-specific versions of larger chips, to integrate hardware and software solutions [2]. Group 2: Financial Performance - Arm reported first-quarter sales of $1.05 billion, slightly below the expected $1.06 billion, with adjusted earnings per share of $0.35, in line with expectations [6]. - The forecast for second-quarter adjusted earnings per share is between $0.29 and $0.37, with the midpoint below the analyst average expectation of $0.36 [6]. - Expected revenue for the second quarter is projected between $1.01 billion and $1.11 billion, consistent with the $1.06 billion forecast [6]. Group 3: Legal and Competitive Landscape - Arm is facing a lawsuit from Qualcomm regarding technology licensing, with allegations of competing with clients in the data center processor market [4][5]. - Despite claims of exploring chip design, Arm's CEO has previously stated that the company does not manufacture chips [6]. - There are indications that Arm is developing its own chips, with the first expected to launch soon, potentially impacting its relationships with clients like Meta [6].

Core Viewpoint - Arm's forecast for the next fiscal quarter fell below market expectations, primarily due to plans to invest profits in developing its own chips and components, disappointing investors [1] Group 1: Financial Performance - Arm's stock price dropped by 8.65% in after-hours trading following the announcement of its lower-than-expected forecast [1] Group 2: Strategic Shift - CEO Rene Haas indicated that the company is transitioning from its traditional model of licensing chip IP designs to investing in the development of its own chips, marking a significant change in strategy [1]

Arm(ARM.US)夜盘跌约8.5%，报149.49美元。消息面上，Arm公布，首财季营收增长12%至10.5亿美 元，略低于分析师预期的10.6亿美元；净利润同比下降41.7%至1.3亿美元，每股盈利35美仙，符合预 期。 Arm预期，第二财季营收将介乎10.1亿至11.1亿美元，市场预期为10.6亿美元；每股盈利介乎29至37美 仙，市场预期为35美仙。公司指，正在增加支出，以更好发展人工智能，支出激增短期内会影响利润， 但长期来看将有助于公司实现更强劲的增长。(格隆汇) ...

全球应用最广泛的计算机芯片技术提供商Arm Holdings(ARM.US)因加大新产品研发投入，发布了低于 预期的第二财季利润指引。这一前景指引令投资者感到意外，该股股价在盘后下跌超8%。另一家专注 于智能手机芯片的企业高通(QCOM.US)在发布财报后也出现下跌。 Arm Holdings于美东时间周三盘后发布第一财季业绩报告，数据显示，截至6月的第一季度，Arm营收 增长12%至10.5亿美元，每股收益为35美分，均符合分析师预期。 其中，授权收入为4.68亿美元，同比下降1%，高于分析师平均预期的4.56亿美元;特许权使用费收入为 5.85亿美元，同比增长25%，略低于分析师预期的5.95亿美元。 展望未来，Q2营收预计为10.1亿至11.1亿美元，分析师预期为10.6亿美元;剔除部分项目后每股收益预计 为29至37美分，而分析师平均预期为35美分。 Arm正不断增加支出以更好地把握人工智能热潮机遇。公司首席执行官勒内·哈斯(Rene Haas)在采访中 表示，Arm致力于研发能巩固自身在AI领域地位的技术。 他指出，短期来看，支出激增会影响利润，但长期将推动公司更强劲地增长。"我们做出了加大投资的 ...

请各位听众升级为见闻最新版APP，以便成功收听以下音频。 市场概述 华见早安之声 美联储声明提到经济增长有所放缓，一度强化降息预期并提振美股和美债；但鲍威尔发布会未就9月降息给出明确指引，强调通胀风险，并称就业稳固，打 压年内降息预期，美元和美债收益率急升，美股盘中转跌。纳指尾盘因投资者抄底买盘而收涨。 美股盘后财报后，微软大涨7%，Meta大涨12%，高通跌6%，Arm一度跌8%。纳指期货亚太盘初涨1%。 美债收益率全线上涨，对利率敏感的2年期收益率涨超7基点。美元五连阳、周三大涨超1.1%，接近100关键位。 黄金重挫逾1.7%。特朗普政府将进口量最大的精炼铜排除在关税之外，纽铜暴跌20%，创史上最大单日跌幅。国内夜盘期货多数收跌，焦煤和玻璃跌超 4%，焦炭跌超1.6%。 亚洲时段，AH股午后跳水，创业板跌超1%，工业富联大涨超6%，恒科指跌超2%，科网股普跌，国债、商品上涨。 8月17日上海Alpha线下闭门课，Clocktower首席策略师王凯文带你洞察地缘政治里的市场机会，了解详情>> 要闻 中共中央政治局召开会议，决定召开二十届四中全会，分析研究当前经济形势和经济工作，中共中央总书记习近平主持会议 ...