Reported 8 months ago
Arm CEO Rene Haas discussed how the inclusion of Arm Holdings in the Nasdaq 100 signifies a milestone for the company's 140% growth since its public debut. Haas emphasized the transformative impact of AI on productivity, healthcare, and research, highlighting Arm's positioning in the AI race with 70% of world devices using Arm chips. He noted that analysts have underestimated the rapid growth of AI, predicting a significant AI tailwind for smartphones and Arm given the increasing use of Arm-based devices. Haas emphasized the profound changes AI will bring to people's lives and the need for all devices to run AI.
Source: YAHOO