Arm's CEO Rene Haas announced a bold revenue target of $25 billion by 2031, a sixfold increase from 2025's $4 billion. This growth is driven largely by sales of Arm's first in-house chip, the AGI CPU, expected to generate $15 billion annually. The chip, optimized for AI tasks, marks Arm's shift from licensing to direct chip sales, expanding its market and profit potential. Demand for CPUs is rising due to AI advancements, positioning Arm for significant growth in the data center chip market.
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 ...
