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Arm's revenue outlook is cautious, triggering concerns about the slowdown in the development of artificial intelligence.
Jinshi data news on February 6th, Arm (ARM.O) gave a cautious forecast for current income, intensifying concerns about the recent slowdown in spending on artificial intelligence computing. The company expects revenue for the fourth quarter (ending in March next year) to reach $1.18 billion to $1.28 billion. Although this expectation is higher than previous forecasts and in line with the average expectations of Wall Street, some analysts have predicted figures as high as $1.33 billion. Earlier this week, AMD (AMD.O) released disappointing forecasts, sparking concerns about the now more uncertain booming market for artificial intelligence hardware. deepseek launched a cost-effective AI model last month, which has raised concerns that technology providers' revenue may not be as high as expected. After the report was released, Arm (ARM.O) stock prices fell by more than 8% in after-hours trading.