Tuesday, 17 March, 2026
Arm Stock Plunges 6% as Tech Giant Narrows Revenue Forecast Despite Strong Q3 Performance
By Isha
Chip design powerhouse Arm Holdings narrowed its full-year revenue forecast to $3.94-4.04 billion, disappointing investors who expected higher guidance from AI server adoption. Despite beating Q3 expectations with 19% revenue growth to $983 million, shares dropped in after-hours trading. The iPhone chip architect's conservative outlook contrasts with the broader AI chip boom.
Read full story at Economic Times