TECH - Arm Holdings' AI-Powered Ascent: Projections Soar as Nvidia Deal Fizzles | Benzinga
British chip designer Arm Holdings Ltd has outlined its optimistic growth projections during an investor roadshow, anticipating an 11% increase in revenue for the current fiscal year and a substantial boost of more than 20% in fiscal 2025.
These projections reflect the escalating demand for semiconductor chips, especially in data centers and artificial intelligence applications, Bloomberg cites knowledgeable sources.
This revelation comes as Softbank Group Corp (OTC: SFTBF)(OTC: SFTBY) backed Arm prepares for its eagerly awaited initial public offering (IPO), with ambitions to raise $4.87 billion after ...