Arm jumps 16% as company expects revenue windfall from new chip, a 'significant shift'
CNBC • U.S. • 25.03.2026 20:10
Arm said it expects its new chip to generate six times more revenue in 2031 than the $4 billion it made in 2025.
Related News
Here's what to expect from Fed chair nominee Kevin Warsh's Senate hearing Tuesday
In a much-anticipated hearing before the Banking Committee, the former Fed governor will face questioning over a variet…
CNBC
• 23 mn.ago
UnitedHealth tops quarterly estimates, hikes profit outlook as insurer manages high medical costs
The nation's largest private insurer expects 2026 adjusted earnings of more than $18.25 per share, up from a previous o…
CNBC
• 24 mn.ago
UK hopes to lure expats back from the UAE as war challenges Dubai's appeal
The U.K. is seeking to lure British residents back from the UAE as war in the Middle East rattles confidence in Dubai’s…
CNBC
• 58 mn.ago
Want to Speak to the Manager? At a New San Francisco Store, That’s A.I.
Andon Market in San Francisco is billed as the first retail boutique run by an artificial intelligence agent. So far, t…
Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies
AT&T and Verizon were penalized millions of dollars for what the agency said was a failure to protect consumer informat…
A Governor Who Stressed Pragmatism Is Hounded by Politics
Gov. Abigail Spanberger of Virginia has emphasized practical governance as her brand, but the political fight over redi…