Arm Holdings Wants 50% of the PC Market. It Probably Won't Happen
Arm plc(ARM) The Motley Fool·2024-06-11 17:30
Arm PCs could be great and still fall far short of that lofty goal.After conquering the smartphone market, Arm Holdings (ARM 2.45%) has its sights set on PCs. The company collects royalties and licensing fees from chip designers using its IP, and the pricier the end product, the more money it tends to make. With more than 240 million PCs shipping last year, the PC market represents a lucrative opportunity.Arm has already won over Apple. Apple made the switch from standard PC central processing units (CPUs) ...