Arm Holdings (ARM) shares gave back Wednesday's gains in after-hours trading, dropping even as the chip-design company reported fiscal first-quarter earnings that were higher than expected. The shares were recently down more than 12% after gaining more than 8% in the regular session. The shares have risen for much of 2024, climbing more than 90% this year. The chip-design company projected adjusted earnings per share between 23 cents and 27 cents for the current quarter, leaving unchanged its full-year rev ...

Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in line with Wall Street estimates, yet its shares fell about 9% in extended trading.For the current fiscal second quarter, Arm forecast revenue in a range between $780m and $830m, compared with an average analyst estimate of $804.1m, according to LSEG data.“We’re seeing more investment [in artificial intelligence] than we saw even 90 days ago,” the chief ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

文章核心观点 - 人工智能主题在过去一年里引发了市场热潮,许多公司都在寻求参与其中 [1] - ARM公司是人工智能领域的一家重要参与者,其最新一季度业绩表现出色,超出了预期 [2][3][4][5][6][7] - ARM公司的Armv9技术渗透率快速提升,占到总收入的20%,而此前仅为15% [5] - ARM公司的授权收入也表现强劲,得益于高价值合同和对其节能技术的旺盛需求 [6] - 分析师对ARM公司的前景持乐观态度,预期其下一季度收入和利润将实现强劲同比增长 [8][9][10] - 尽管如此,近期人工智能相关股票普遍走弱,可能会影响ARM公司的股价表现 [12] - 另一家人工智能领域的重要参与者Meta Platforms也将在本周公布业绩,投资者将关注其在人工智能基础设施方面的资本支出 [13][14][15][16][17][18][19] 公司表现 - ARM公司最新一季度业绩超出预期,收入和利润均创历史新高 [4][5][6][7] - ARM公司的Armv9技术渗透率快速提升,占到总收入的20%,而此前仅为15% [5] - ARM公司的授权收入也表现强劲,得益于高价值合同和对其节能技术的旺盛需求 [6] - 分析师对ARM公司的前景持乐观态度,预期其下一季度收入和利润将实现强劲同比增长 [8][9][10] 行业动态 - 人工智能主题在过去一年里引发了市场热潮,许多公司都在寻求参与其中 [1] - 近期人工智能相关股票普遍走弱,可能会影响ARM公司的股价表现 [12] - Meta Platforms也将在本周公布业绩,投资者将关注其在人工智能基础设施方面的资本支出 [13][14][15][16][17][18][19]

As artificial intelligence (AI) continues transforming industries, the hype around AI stocks has reached feverish levels. Several AI stocks are now trading at sky-high valuations, increasing new investors’ downside risks.The global AI market is poised to reach $1.8 trillion by 2030, growing at a CAGR of 36.6%. Due to the robust expansion of the overall market, companies in the space are expected to grow at a high rate. However, despite their innovative prospects, several AI companies are grappling with fund ...

文章核心观点 - 芯片设计公司Arm控股的股价在周一下跌超过5%,主要是因为HSBC下调了其评级[2] - Arm股价已从本月初创下的历史新高回撤约24%,但交易量相对较低,表明这可能是一次调整而非长期逆转[6] - Arm股价可能会在145美元、117美元和79美元附近受到支撑[8][9][10] - 如果Arm股价恢复上涨趋势,可能会达到约275美元的目标价位[12] 行业总结 - HSBC认为Arm面临短期盈利下行风险,主要是由于Android智能手机动能可能放缓,以及人工智能叙事趋于平缓,这两个是Arm的关键市场[3] - HSBC还提出了估值方面的担忧,指出Arm股价相对于同行业大型半导体公司有较大溢价,在过去12个月里涨幅超过一倍[3] 公司总结 - Arm股价在去年9月上市后大部分时间呈上升趋势[5] - 最近Arm股价从本月初的历史高点回撤约24%,但交易量较低,表明这可能只是一次调整[6] - 如果Arm股价进一步下跌,投资者需关注145美元、117美元和79美元这三个关键支撑位[8][9][10] - 如果Arm股价恢复上涨趋势,可能会达到约275美元的目标价位[12]

文章核心观点 - Arm公司的股票价格虽然看起来很高,但仍有很大的增长空间 [1][4] - Arm公司的独特商业模式意味着其收入将大幅增长 [5][6][7] - Arm公司的竞争优势正在变得更加强大 [8][9][10] - Arm公司的业绩指引看起来比较保守 [11][12][13] 根据相关目录分别进行总结 Arm公司的独特商业模式 - Arm公司不是直接向终端用户销售芯片,而是将其架构授权给合作伙伴如Nvidia、苹果和Alphabet等公司 [5] - Arm公司的收入来源有两种:一是签订新的授权协议时获得的授权收入,二是合作伙伴销售基于Arm技术的产品时获得的专利费收入 [6] - 专利费收入通常滞后于新的授权协议1-2年,这意味着未来2年内Arm公司将会看到专利费收入的大幅增长 [7] Arm公司的竞争优势 - Arm公司凭借其低功耗架构在智能手机等设备中占据主导地位,99%的高端智能手机都采用Arm架构 [8] - Arm公司的低功耗架构在人工智能领域也很有价值,因为大型语言模型等AI程序耗电量巨大 [9] - 为满足人工智能硬件日益增长的需求,Arm公司推出了计算子系统(CSS),这是针对特定终端市场和应用场景的预配置技术方案,将带来新的收入来源 [10] Arm公司的业绩指引 - 科技公司通常会给出保守的业绩指引,Arm公司也不例外 [11] - 例如Arm公司预计2025财年收入增长22%,但考虑到其最近的强劲势头,这一增长目标可能过于保守 [12] - 分析师预测Arm公司今年收入增长将达到24.5%,随着专利费收入的增加以及新一代v9架构和人工智能数据中心业务的增长,其实际收入增速可能会超过这一水平 [12][13]

文章核心观点 - 公司预计第一季度营收为9.0934亿美元,同比增长34.7% [1] - 公司预计第一季度每股摊薄收益为16美分,同比增长60% [1] - 公司预计第一季度净利润为1.5413亿美元,同比增长46.8% [1] - 投资者将关注公司的特许权使用费收入增长,因为特许权使用费收入占公司收入的很大比重 [2][3][4] - 公司正在开发一款AI芯片,可能会从大型科技公司的AI投资中获益 [5][6] 根据相关目录分别进行总结 财务数据 - 第一季度营收预计为9.0934亿美元,同比增长34.7% [1] - 第一季度每股摊薄收益预计为16美分,同比增长60% [1] - 第一季度净利润预计为1.5413亿美元,同比增长46.8% [1] 关键指标 - 特许权使用费收入增长是关键指标,因为其占公司收入很大比重 [2][3][4] - 上一季度特许权使用费收入创历史新高,达5.14亿美元 [3] - 预计第一季度特许权使用费收入为4.899亿美元,环比下降但同比增长超过22% [4] 业务亮点 - 公司正在开发一款AI芯片,可能会从大型科技公司的AI投资中获益 [5][6]

Arm Holdings plc (ARM) will report its first-quarter fiscal 2025 results on Jul 31, after the bell.The Zacks Consensus Estimate for earnings in the to-be-reported quarter stands at 35 cents. The consensus mark for revenues is pegged at $920 million.Image Source: Zacks Investment ResearchOne estimate for the to-be-reported quarter moved north over the past 30 days versus no southward revision. Over the same period, the Zacks Consensus Estimate for the quarter’s earnings has increased by a penny.Image Source: ...

A dose of uncertainty from Wall Street weighed on the shares.Shares of Arm Holdings (ARM -4.93%) stumbling out of the gate on Monday and never recovered, falling as much as 6.9%. As of 2:16 p.m. ET, the stock was still down 4.9%.The catalyst that sent the chipmaker and artificial intelligence (AI) specialist lower was the dour outlook of one Wall Street analyst.Getting ahead of itself?Analysts at HSBC downgraded Arm to reduce (hold) while simultaneously increasing the firm's price target to $105, up from $1 ...