Arm Beats Second-Quarter Revenue Estimates on AI and Data-Center Demand
Arm Holdings said revenue exceeded Wall Street estimates, driven by higher royalty payments and licensing fees from customers deploying its chip architecture in AI-related computing products.
Arm Holdings NASDAQ:ARM, NASDAQ:ARM beat Wall Street estimates for second-quarter revenue on Wednesday, driven by higher royalty payments and licensing fees from customers deploying its chip architecture in AI-related computing products.Unlike chipmakers that manufacture semiconductors, Arm Holding…