Arm tumbles after weak forecast, sparking industry slowdown fears
The Star Online - Business·2025-05-09 08:02
SAN FRANCISCO: Arm Holdings Plc declined in late trading after giving a disappointing sales forecast for the current quarter, stoking concerns about a tariff-fuelled slowdown for the chip industry.
Revenue will be US$1bil to US$1.1bil in the fiscal first quarter, Arm said in a statement on Wednesday.
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