Update
Arm Holdings Sets $15B Revenue Target for 2031
Arm Holdings, a chip designer, reported a 27% jump in revenue to $1.44 billion for the quarter ending September 30, 2026. The company also set a target of $15 billion in annual revenue from its Arm AGI CPU by 2031. However, the stock fell 13% after-hours due to a broader tech sell-off. Arm is transitioning from licensing to selling its own chips, with orders for the Arm AGI CPU secured through 2027.