The chip designer posted its best quarter ever. Its results are about to get much stronger.

Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily on artificial intelligence compute.

May 7 (Reuters) - Arm shares tumbled on Thursday after the company warned of smartphone market softness and challenges in securing supply for its new artificial intelligence chip to meet growing demand.

Arm Holdings delivered a first-quarter revenue and earnings forecast that cleared Wall Street expectations by a wide margin, fueled by surging demand for its energy-efficient chip architectures inside AI data centers.

The chip designer says it has more than $2 billion in customer demand for its first-ever data-center CPU Shares of Arm, led by CEO Rene Haas, were falling in Wednesday's extended trading. Arm Holdings just divulged a new figure related to its plans to ...

Arm Holdings is moving beyond the licensing of chip designs as it works to start making chips itself. Investors have been wondering how that will impact AMD and Intel, incumbents in the market for central processing units.

Arm shares slumped Thursday despite earnings that topped estimates, as the chip designer warned of weakness in the smartphone market.

Introduction Over more than three decades, Arm evolved into a leading CPU architecture supplier for smartphones and embedded devices, licensing CPU architectures and core designs to customers such as Apple (AAPL),

Arm Holdings reported a record $1.49 billion in quarterly revenue, beating expectations and benefiting from surging AI-related demand. However, shares fell after-hours as the company warned it had yet to secure enough supply to meet full projected demand ...