Arm Holdings Faces Market Doubts Despite Strong Quarterly Revenue
The chip designer's tepid future outlook and halted chip volume reporting raise investor concerns.
- Arm Holdings reported a 39% increase in first-quarter revenue, surpassing analyst estimates.
- Despite strong quarterly results, Arm's shares fell over 12% due to a cautious revenue forecast.
- The company projected second-quarter revenue between $780 million and $830 million, below market expectations.
- Arm has stopped reporting the number of chips shipped, citing a shift to higher-value markets.
- Analysts remain divided on Arm's long-term growth potential amid high market valuation.