💨 Abstract

Arm Holdings exceeded revenue and profit expectations for Q2, driven by increased usage of its next-generation v9 technology. For Q3, Arm forecasts revenue between $920 million and $970 million, with earnings of 32-36 cents per share. The company's v9 technology, which powers smartphones and is expected to generate higher royalty payments, accounted for 25% of Q2 revenue.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖