Arm shares drop on lower-than-expected forecast

Has the AI chip boom plateaued?

John Leonard
clock • 2 min read
Arm shares drop on lower-than-expected forecast
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Arm shares drop on lower-than-expected forecast

Shares in UK chip designer Arm fell by 7% yesterday after the company revealed a lower than expected revenue forecast.

The fall came despite Arm's Q4 revenues rising 47% to $928 million, exceeding analyst estimates of $875.6 million. The company's licencing business also grew significantly, expanding to $414 mil...

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