Arm's Q4 Earnings Beat, Revenue Miss
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•Technology
Technology
Arm shares drop on weak forecast
83% Informative
Chip-design company Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday .
The chip designer said revenue this quarter will be between $1 billion and $1.1 billion .
SoftBank controls about 90% of Arm, and took the company public in 2023 .
It now has a market cap of over $130 billion .
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