Arm shares plummet, unbearable full-year sales forecasts - a wake-up call for the AI boom
I'm still very confident about my long-term growth — CEO.
The stock price temporarily fell 10% outside of hours - it skyrocketed 3 months ago, making it a popular AI related stock.
The stock price temporarily fell 10% outside of hours - it skyrocketed 3 months ago, making it a popular AI related stock.
The stock price of the British semiconductor design company Arm Holdings, which is under the umbrella of the SoftBank Group, plummeted due to trading on the 8th. It showed a lackluster outlook for full-year sales. Concerns have intensified that the artificial intelligence (AI) investment boom in the high-tech industry is slowing down.
According to the presentation materials on the 8th, sales for the fiscal year ending 2025/3 are expected to be 3.8 billion to 4.1 billion dollars (approximately 590 billion to 64 billion yen). Earnings per share are expected to be 1.45 to 1.65 dollars. Analysts predicted a 26% increase in sales of 4.01 billion dollars, and earnings per share of 1.53 dollars.
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高配糖オルさん : I don't know what kind of expectations they have for AI, but we have to wait about 10 years for standards to progress from manufacturing labor → office work → next generation
The first changes will come when labor costs for white workers can be reduced
Mr. Son also said that AGI was the group's goal at the briefing session last year