Arm Holdings CEO Rene Haas stated that the AI boom is being constrained by supply shortages rather than lack of demand. The industry faces bottlenecks in chips, data centers, energy, and skilled workers, expected to continue for 2-3 years. Arm's data-center business is poised to surpass its mobile segment, highlighting the shift in power efficiency demands. Despite strong demand, shares fell 5%, reflecting investor concerns about who will benefit amid physical supply limits.
Japanese technology stocks, including SoftBank and Tokyo Electron, dropped significantly following a steep decline in U.S. semiconductor shares. The sell-off was driven by concerns over AI spending and a recent patent infringement ruling against Kiox...
UK GDP grew 0.8% over three months, surpassing forecasts and showing resilience despite geopolitical tensions and energy price pressures. The FTSE 100 opened lower as investors digested takeover deals including Rotork's £4.1bn acquisition by ABB and ...
Bank of America highlights a divergence in earnings outlooks for CPU makers AMD, Intel, and ARM amid a mixed market. While PC and smartphone sales are declining, AI server chip demand is surging, benefiting AMD with expected earnings beats and raised...
