SoftBank Group Corp.’s Post

Arm continued to grow in the first quarter of FY2024, with quarterly revenue reaching a record high of USD939 million, surpassing the analyst consensus of USD903 million. Arm continues to be at the center of our #AI strategy, leading the development of AI #chips. Major hyperscalers are increasingly deploying Arm-based chips and in May, Microsoft released PCs designed for high AI performance, which integrate the company's chips. Notably, Armv9, which delivers double the royalty rate compared to equivalent Armv8 based chips, contributed 25% of the overall royalty revenue in FY2024 Q1, marking a 5% increase from the previous quarter. We are confident in Arm's further long-term #growth as we work towards realizing ASI (Artificial Super Intelligence). For more information: https://lnkd.in/g94shyJr

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