SoftBank Group subsidiary Arm Holdings (NASDAQ:ARM) CEO Rene Haas believes that analysts have underestimated the pace at which artificial intelligence is advancing.
What Happened: Haas made these comments during an interview with Yahoo Finance's Market Domination Overtime on Monday. He pointed out that AI will significantly change people's lives and that 70% of the world's devices use Arm chips, positioning the company well in the AI race.
He said, "I think respectfully, the analysts maybe didn't quite understand or have an appreciation at the pace of which things were moving," referring to the rapid growth of AI.
Haas also highlighted the potential of AI to drive growth in the smartphone and Arm sectors, given that most devices already use Arm chips and software.
Why It Matters: Arm Holdings was recently added to the Nasdaq 100, marking a significant milestone for the British semiconductor firm. Shares of Arm have surged nearly 140% since its public debut in September. Haas expressed pride in the company's inclusion in the Nasdaq 100, describing it as a "very, very cool day" for both employees and the company.
The rapid rise of Arm Holdings in the AI sector is not an isolated event. In May, Arm announced plans to launch a new AI chip division, with the first products expected next year. This move is part of SoftBank Group's $64 billion strategy to transform into an AI powerhouse. The new division aims to develop a prototype by spring 2025 and commence mass production in the fall of 2025.
In the same month, analysts predicted that Arm Holdings could challenge industry giants like Qualcomm Inc (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), and Advanced Micro Devices, Inc (NASDAQ:AMD) in the AI chip market. Despite some concerns over a potential slowdown in AI spending, Arm's fiscal 2025 revenue guidance remains strong.
However, the company's journey has not been without challenges. A legal dispute with Qualcomm reportedly threatens to disrupt the shipment of new AI-powered laptops. This ongoing battle has raised concerns about the future of AI PC shipments.
Price Action: Arm Holdings Plc's stock closed at $151.07 on Monday, down 5.76%. In after-hours trading, the stock declined further by 0.97%. Year to date, Arm Holdings' stock has seen substantial growth, rising by 119.20%, according to the data from Benzinga Pro.
Image Via Shutterstock
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
SoftBank Group旗下的Arm Holdings（納斯達克股票代碼：ARM）首席執行官Rene Haas認爲，人工智能發展的速度被分析師低估了。
發生了什麼：Haas週一在接受Yahoo Finance的Market Domination Overtime採訪時發表了這些評論。他指出，人工智能將顯著改變人們的生活，全球70%的設備使用Arm芯片，使公司在人工智能競賽中處於良好地位。
他說：“我認爲，尊重地說，分析師們可能並沒有完全理解或欣賞事物發展的速度。”這是指人工智能的快速增長。
Haas還強調了人工智能在智能手機和Arm板塊帶來增長的潛力，因爲大多數設備已經使用Arm芯片和軟件。
爲什麼很重要：Arm Holdings最近被納入Nasdaq 100，這標誌着這家英國半導體公司的重要里程碑。自9月份首次公開發行以來，Arm的股價已經飆升近140%。Haas對公司被納入Nasdaq 100表示自豪，並形容這是一個“非常、非常酷的日子”，對於員工和公司都是如此。
Arm Holdings在人工智能領域的迅速崛起並不是一個孤立的事件。今年5月，Arm宣佈計劃成立一個新的人工智能芯片部門，第一款產品預計將於明年推出。這一舉措是SoftBank Group轉型爲人工智能強國640億美元戰略的一部分。新部門旨在於2025年春季開發出原型並在2025年秋季開始批量生產。
同月，分析師們預測Arm Holdings在人工智能芯片市場上可能挑戰行業巨頭，如高通公司（納斯達克股票代碼：QCOM）、英特爾公司（納斯達克股票代碼：INTC）和美國超微公司（納斯達克股票代碼：AMD）。儘管有人擔心人工智能支出可能出現放緩，但Arm的2025財年營業收入預測仍然強勁。
然而，這家公司的發展之路並不是沒有挑戰的。據報道，Arm與高通之間的法律糾紛威脅着新款人工智能筆記本電腦的發貨。這場持續不斷的戰鬥引發了對人工智能個人電腦發貨的未來的擔憂。
價格行動：Arm Holdings Plc的股票週一收盤於151.07美元，下跌5.76%。在盤後交易中，股票進一步下跌0.97%。根據Benzinga Pro的數據，Arm Holdings的股票自今年以來已經實現了大幅增長，漲幅達119.20%。
圖片來自Shutterstock。
這個故事是使用Benzinga Neuro生成的，並由Kaustubh Bagalkote編輯
