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US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concerns

Arm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand for AI infrastructure and data centre chips. However, the stock fell nearly 7% in after-hours trading after the company warned of softer smartphone royalty growth, overshadowing optimism around its expanding AI business.

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Economic TimesLean R·2h ago
US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concerns
Arm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand for AI infrastructure and data centre chips. However, the stock fell nearly 7% in after-hours trading after the company warned of softer smartphone royalty growth, overshadowing optimism around its expanding AI business.
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US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concerns

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