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Arm stock pops 6% as CEO Haas issues $15 billion revenue expectation for new chip
CNBC· 2026-03-24 22:01
Arm Holdings stock popped 6% in after-hours trading on Tuesday as CEO Rene Haas announced 2031 annual revenue expectations that were more than six times what it was in 2025.Haas unveiled Arm's first in-house chip on Tuesday at an event in San Francisco, with Meta as the initial customer. CNBC got an exclusive first look at the chip earlier this month, visiting the lab Arm built for it in Austin, Texas.Arm stock closed about 1.5% lower on Tuesday following the chip announcement.Haas said Arm expects the new ...
Arm (NasdaqGS:ARM) Conference Transcript
2026-03-24 20:17
Arm (NasdaqGS:ARM) Conference March 24, 2026 03:15 PM ET Company ParticipantsAmi Badani - CMOAndrew Gardiner - Head of European Technology Equity ResearchChris Bergey - EVP of Edge AIDrew Henry - EVP of Physical AIEric Hayes - EVP of OperationsHarlan Sur - Executive Director of Equity ResearchIan Thornton - VP of Investor RelationsJason Child - EVP and CFOMark Lipacis - Senior Managing DirectorMohamed Awad - EVP of Cloud AIRene Haas - CEORoss Seymore - Managing DirectorSharbani Roy - VP of AI ServicesVictor ...
Arm is releasing its first in-house chip in its 35-year history
TechCrunch· 2026-03-24 19:48
Storied semiconductor and software company Arm Holdings is starting to make its own chips after nearly 36 years of licensing its designs to companies like Nvidia and Apple.At an event Tuesday in San Francisco, the company revealed the Arm AGI CPU, a production-ready chip built for running inference in an AI data center. The U.K.-based company developed the chip using its Arm Neoverse family of CPU IP cores and through a partnership with Meta. Meta is also the chip’s first customer of the Arm AGI CPU, which ...
Arm (NasdaqGS:ARM) Earnings Call Presentation
2026-03-24 19:15
Cautionary Note Regarding Forward - Looking Statements This presentation contains forward -looking statements that involve a number of risks and uncertainties. Arm Holdings plc (the " Company" or "Arm") cautions readers that any forward -looking information is not a guarantee of future performance and actual results could differ materially from the information expresse d o r implied by these forward -looking statements. When used in this presentation, words such as "may," "might," "will," "could," "would," ...
Arm (NasdaqGS:ARM) Conference Transcript
2026-03-24 18:02
Arm (NasdaqGS:ARM) Conference March 24, 2026 01:00 PM ET Company ParticipantsCharlie Kawwas - PresidentJongwook Kye - EVPKevin Weil - Chief Product OfficerMatt Garman - CEOMohamed Awad - EVP of Cloud AIPaul Saab - Software EngineerRani Borkar - PresidentRene Haas - CEOSantosh Janardhan - Head of Global InfrastructureNone - Company RepresentativeNone - Company RepresentativeNone - Video NarratorRene HaasSuch a nice warm welcome. Thank you. Welcome to our live stream audience watching the Arm Everywhere event ...
Arm (NasdaqGS:ARM) Conference Transcript
2026-03-24 18:00
Arm (NasdaqGS:ARM) Conference March 24, 2026 01:00 PM ET Speaker1Please welcome Arm's Chief Executive Officer, Rene Haas.Speaker4Such a nice, warm welcome. Thank you. Welcome to our live stream audience, watching the Arm Everywhere event. I don't think we've ever done a live stream event like this. To the folks here, in the audience, thank you so much for coming to the historic Fort Mason. You may not know that Fort Mason, here in California was actually a official defense site for the Civil War. This is wh ...
Synopsys Supports New Arm AGI CPU with Full-Stack Design Solutions
Prnewswire· 2026-03-24 17:15
"We congratulate Arm for delivering the AGI CPU with such ambition and precision," said Ravi Subramanian, chief product management officer, Synopsys. "This achievement reflects exceptional engineering discipline, and we're proud that Synopsys design, IP, and advanced verification solutions played a mission-critical role in delivering this innovation." Arm and Synopsys collaborated closely to optimize the power, performance, and efficiency of the AGI CPU, built on Arm® Neoverse® CSS V3. Synopsys solutions us ...
Arm Expands Compute Platform to Silicon Products in Historic Company First
Businesswire· 2026-03-24 16:55
Arm Expands Compute Platform to Silicon Products in Historic Company First Share News Highlights CAMBRIDGE, England--(BUSINESS WIRE)--Arm Holdings plc (NASDAQ: ARM) today announcedthe next evolution of the Arm compute platform, extending into production silicon products for the first time in the company's history. This begins with the launch of the Arm AGI CPU, an Arm-designed CPU for AI data centers, built to address a rising class of agentic AI workloads. For more than three decades, the industry has inno ...