ARM reported a 26% revenue increase to $1.24 billion, with royalties reaching $737 million and licensing revenue up 25% to $505 million. Data center royalties more than doubled year-over-year, indicating a shift from smartphone reliance. New technologies like Armv9 and Compute Subsystems have raised royalty rates per chip, supporting revenue growth despite flat global shipments. ARM's AGI CPU could generate $15 billion in revenue by 2031, expanding its business beyond IP licensing into silicon economics, with projected revenue growth to $21 billion by 2031 at a 30% CAGR.
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...
The REX AI Equity Premium Income ETF (AIPI) changed its distribution schedule from monthly to weekly payments while maintaining a similar annual yield near 35%. The fund generates income by selling call options on AI-focused stocks like Palantir and ...
