Arm Holdings shares fell nearly 14% from their Thursday, Oct. 29, close through Monday, Nov. 2, after a broader semiconductor selloff Friday, even as the company’s latest reported quarter showed revenue and royalty growth.
The stock finished Monday at $196.79 after dropping 4.46% that session. It had fallen 9.97% Friday from Thursday’s $228.77 close, ending Oct. 30 at $205.97. Friday’s decline came amid a broader semiconductor selloff.
Arm reported $1.29 billion in revenue for its fiscal first quarter, which ended June 30, and $715 million in total royalty revenue. Each figure was 22% above the year-earlier quarter. Royalties tied to data-center activity more than doubled year over year.
Across fiscal 2027 and 2028, Arm put customer demand for its AGI CPU above $2 billion. Production capacity secured by the company would support a $1 billion opportunity over that period. Arm described those amounts as demand and capacity measures, not reported shipments or revenue.
Intel’s Oct. 29 update put third-quarter revenue at $16.5 billion and its fourth-quarter forecast at $15 billion to $16 billion. The Data Center and AI segment brought in $7.3 billion, 78% more than a year earlier. That segment revenue and Arm’s data-center royalties measure different business activities and cover different reporting periods.
Arm plans to discuss results for its fiscal 2027 second quarter at 5 p.m. ET Wednesday, Nov. 4.
