Arm sinks as chip ambitions, muted forecast shake investor confidence
Știință și Tehnologie
(Corrects to add company identifier) Arm Holdings shares fell 7 per cent in premarket trading on Thursday as the chip tech provider's plan to invest in its own chip development, which would bite into future profits, disappointed investors. Arm’s decision to ramp up investment in chip creation marks a significant pivot from its legacy business model of licensing intellectual property to tech heavyweights like Nvidia and Amazon.com, companies that already design their own chips. Potential
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