Published May 7, 2026, 12:06 PM ET · Updated 6 months ago · 1 source
Arm Sees ‘Explosion’ in CPU Demand on AI Amid Smartphone Slump
bloomberg
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Original Report
INFERY
Arm Holdings CEO Rene Haas reported a significant surge in demand for the company's CPU architecture, driven by AI workloads in data centers. Orders have doubled to $2 billion in five weeks, with major cloud providers adopting Arm's technology. This growth in data center and networking, now 15% of revenue, offsets sluggishness in the smartphone market. Arm is confident in reaching its $15 billion sales goal by fiscal year 2031.