Arm Gains After Push Into AI Data Centers Bolsters Forecast

Rene Haas holds the AGI CPU chip during the Arm Everywhere event in San Francisco, California, on March 24.Photographer: David Paul Morris/Bloomberg

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By Ian King

May 6, 2026 at 8:07 PM UTC

Updated on

May 6, 2026 at 8:27 PM UTC

Arm Holdings Plc jumped in late trading after the company delivered a solid forecast and touted the demand for a new homegrown chip, signaling that a push into data center infrastructure is paying off.

Revenue will be about $1.26 billion in the fiscal first quarter, which runs through June, the company said Wednesday in a statement. Analysts predicted $1.25 billion on average, according to data compiled by Bloomberg. Profit will be 40 cents a share, excluding certain items, compared with a 36-cent estimate.