Arm Holdings' CEO Rene Haas expressed increased confidence in achieving the $2 billion revenue target for its new AGI CPU data center chip. This follows earlier concerns about supply constraints, which had previously impacted the stock. Haas's comments suggest significant progress in securing manufacturing capacity, a critical factor for the company's expansion into selling complete chips. This positive update could alleviate investor worries and support Arm's growth trajectory in the competitive AI chip market đź”—.
Arm CEO says he’s more confident its new AI chip can meet a loftier $2B revenue goal
CNBC.COMSep 16, 10:52 PM UTC
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