Arm shares jump 50% on AI, China boosts to results
By Peter Clarke, eeNews Europe (February 9, 2024)
Arm Holdings plc, recently returned to the stock market, announced revenues for the quarter ended December 31, 2023, of US$824 million up 14 percent year-on-year. Sequentially Arm lifted its revenue by 2.2 percent from US$806 million. The non-GAAP net profit was US$338 million up 17 percent y-on-y.
To read the full article, click here
Related Semiconductor IP
- JESD204E Controller IP
- eUSB2V2.0 Controller + PHY IP
- I/O Library with LVDS in SkyWater 90nm
- 50G PON LDPC Encoder/Decoder
- UALink Controller
Related News
- Arm revenues up 47%; shares fall
- Intel sells Arm shares
- Arm forecast sends shares down
- Synopsys Extends Tender Offer for Outstanding Shares of inSilicon Common Stock
Latest News
- Imagination Technologies appoints Markus Mosen as Chief Executive Officer
- Barcelona Zettascale Lab advances European technological sovereignty as Cinco Ranch TC1 chip passes validation
- CoreHW Appoints Redtree as Pan-EMEA Sales Representative
- Imec inaugurates NanoIC pilot line, accelerating innovation in sub-2nm systems-on-chip
- Honda and Mythic Announce Joint Development of 100x Energy-Efficient Analog AI Chip for Next-Generation Vehicles