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Market Analysis · 2026-05-07T10:03:43.000Z

May 6 (Reuters) - Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily onartificial intelligencecompute. Arm’s stock jumped 12% in the wake of the report, but reversed course after Arm executives told analysts on a conference call that they have not yet secured supplies to meet ‌the demand for a new chip. Analysts also probed the costs of the chip designer getting into the business of making its own chips. Shares in Arm were down over 6% in premarket trading on Thursday as investors assessed the comments and results. The company expects quarterly revenue of $1.26 ​billion, compared with analysts' estimates of $1.25 billion, according to data compiled by LSEG. Arm gener

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