📉 Arm Holdings: solid results, but a more cautious outlook knocked the stock down 6%!
UK chip technology provider Arm Holdings $ARM posted strong third-quarter 2024 numbers on Wednesday . Revenue rose by 19 % to $983 million, beating analysts' expectations. Still, the company narrowed its full-year forecast for revenue and earnings per share, leading the stock to fall more than...
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The numbers look nice, but I don't think Arm can compete with, say, AMD.