Arm Holdings Exceeds Revenue Estimates
This is a news story, published by Yahoo Finance, that relates primarily to Arm Holdings news.
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Arm technologyReuters
•Arm revenue and profit top expectations, powered by iPhone sales
77% Informative
Chip designer Arm Holdings topped revenue and profit expectations for the second quarter .
The company, however, forecast current-quarter revenue with a midpoint that was merely in line with estimates.
Apple is one such customer, and its latest iPhone 16 series designs include the v9 tech.
Arm derives revenue from licensing fees for its chip designs.
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