Arm Holdings posts record quarter, sets $15 billion AGI CPU revenue target for 2031

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Arm Holdings reported a record quarterly revenue of $1.44 billion for its second fiscal quarter, up 27% from a year earlier. Licensing revenue rose 50% to $773 million, while royalty revenue increased 8% to $670 million, despite doubling in the data center segment. The company plans to commercialize its first AGI CPU in the fourth quarter of fiscal 2027 and targets $15 billion in annual revenue from the product by 2031. Despite these prospects, the stock fell 13% amid a broad tech sell-off following the US midterm elections and weaker-than-expected royalty performance.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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