Arm expects sales to grow more than 20% next year, driven by artificial intelligence

[CNMO News] According to CNMO, at an investor luncheon in New York on September 8, Arm’s senior management made positive predictions about the company’s future. They expect the company's long-term operating margins to reach 60%, driven by artificial intelligence, and sales to grow by more than 20% next year.

Arm

Arm is a leading global semiconductor design company focused on providing advanced processor technology for the mobile device, Internet of Things and embedded markets. In recent years, with the rapid development of artificial intelligence technology, Arm is also actively deploying this field in order to occupy a favorable position in future market competition. At the same time, Arm also cooperates with other technology companies to jointly promote the development and application of artificial intelligence technology.

Some media analysts said that in the context of fierce competition in the global semiconductor market, whether Arm can achieve its predicted goals by relying on its layout and advantages in the field of artificial intelligence is worthy of the industry and investors' expectations. Of course, how to ensure the company's profitability while maintaining technological innovation? How to maintain its leading position in the global semiconductor market in the fierce market competition? These are problems that Arm needs to face and solve in the future.

CNMO previously reported that people familiar with the matter revealed that Arm is planning to conduct an IPO with a scale of US$5 billion to US$5.4 billion, and the issuance price range is expected to be US$47-51 per share. This means that the company's valuation is approximately between US$50 billion and US$54 billion. In addition, SoftBank has listed some of Arm's key customers as strategic investors in the company's IPO, including Apple, Nvidia, Samsung, AMD, Google, etc.

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