Arm Reports Impressive 47% YoY Revenue Growth in Q4, Propelled by Strong Licensing Business from arm of got Watch Video
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⏲ Duration: 0:33 👁 View: 315K times ✓ Published: 10-May-2024
Description: Arm reported a 47% year-over-year increase in fourth-quarter revenue driven by strong licensing business and AI chip demand. The British chip designer's 2025 revenue guidance missed analyst expectations. Arm's licensing business boosted its performance with 60% growth, primarily due to multiple high-value license agreements for AI chips. Analysts say licensing strength is a key indicator for future royalties and revenue growth. Shares fell less than 9% in premarket trading.