Business · Companies · 5 hrs ago

Arm revenue rises 27% as AI demand supports data-center business

Arm revenue rises 27% as AI demand supports data-center business

Arm Holdings, a UK chip-design company owned by SoftBank Group, reported its July-September results on November 4.

Revenue rose 27% to $1.443 billion compared with the same period a year earlier.

It was the company’s highest revenue for a July-September quarter.

Arm said AI demand supported data-center-related revenue.

Licensing income rose 50% to $773 million; this is money Arm receives when customers sign new design contracts.

The figures show that AI-related demand coincided with growth in Arm’s business, but no next steps were given.

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