Arm CEO on Earnings Outlook, AI, Nvidia as Partner

Arm Holdings Plc CEO Rene Haas says strategies put in place years ago are really just coming to fruition. The chip designer issued a surprisingly bullish earnings forecast sending the stock surging. Haas also says that artificial intelligence is not a hype cycle and he talks about having Nvidia as a partner. He speaks on "Bloomberg Technology."
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[@tonynunez6539]

ARM has a great product with great partners in the AI ecosystem. The earnings, revenues, and very positive guidance make it a great stock that is about to explode higher.

[@user-ov8sv9ns5l]

What's the price potential of ARM?

[@irenszucs]

It is a great news. Thank you.

[@narinseangsri645]

Luxury Bussiness

[@Verbatino]

Yeah... I know he was working for big tech companies like Nvidia, Tensilica (Cadence), Mythic AI etc... I know that he holds bachelor's degree in EE... But he's answers were so $hitty... salesman executive talk... Someone from social audience asks him about edge AI computing and he's talking B$ about engineering engagements on multiples OS. Nonsense in context what is ARM doing on everyday basis... even in theirs SW division. Anyway. Good to hear that they are making good results on ARMv9...

[@samuelallen8945]

lol ill be buying more on the dip. you cant see the forest through the trees. you have to have some sort of vision as to what ARM will be doing in the future...

[@Verbatino]

​@@samuelallen8945 Yeah. One very known guy is still convinced that he can make full self driving car in very near future... and keeps saying this for over 10 years... In terms of edge computing on ARM IP's there is not very much sense of B$ talk about engineering engagements on multiples OS... since technically we kinda don't have any nothing new in this matter for very long time...

[@samuelallen8945]

@@Verbatinoit’ll be interesting to see the acceleration in AI and where things/how fast things go. I think wearables may be an interesting sector. Or new devices - that Rabbit thing seems like a cool device - not sure if it’ll stick but it’s a good start for something different.

[@Verbatino]

@@samuelallen8945 Maybe... but it still will be running on well known OS kernel....

[@abdelkaioumbouaicha]

📝 Summary of Key Points: 📌 Arm's CEO discusses the company's recent success and attributes it to strategies implemented several years ago. 🧐 Arm's technology is used in various devices beyond smartphones, driven by increasing demand for computing power, particularly for AI. 🚀 Arm's business model involves royalties from chip designs and licensing for software interaction, with smartphones making more money per deal due to higher royalties. 🌐 Arm's success in China follows global trends, and they express optimism about the Chinese market. 💡 Arm sees significant opportunities in AI and believes they should be involved in areas such as compute power, efficiency, and energy. 💬 The CEO acknowledges the impact of geopolitics and government relations on the semiconductor industry. 📊 Arm already collaborates with the software ecosystem and emphasizes the importance of software in making their technology pervasive. 📣 Concluding Remarks: Arm's CEO highlights the company's success, their involvement in various devices, the increasing demand for computing power driven by AI, and their focus on the software ecosystem. They express optimism about the future and the potential of AI. Generated using TalkBud

[@nerminkahric8269]

I love her accent 😍 😭 😩 🤧

[@Acquisition1913]

ARM may be a good AI alternative to AMD. 💫

[@kirankumarsukumar]

Nvidia contributes 90% of ARM revenue

[@NotAvailable_na]

I like Nvidia as a company, BUT... People are so excited about AI but they're too dumb and/or lack understanding to evaluate stocks properly. Nvidia, for example, even if it grows massively, and I mean unimaginably massively, is still overpriced. People are very dumb. Nvidia PE is above 80 currently. Morons. The PE should be somewhere between 20 and 30, with the expected growth they've indicated. And in the future I'm confident it will drop down to 18 PE. People are buying based on hype instead of actually understanding how stock price is valuated. Everybody who's buying now is going to lose money for sure if they don't take profits. Plenty of idiots out there. Including fund and portfolio managers. Plenty of suckers/morons in that area too. Nvidia currently needs to report 150% growth (means 480% Y to Y this Q needed via 5.05 EPS reported) AND, I say again AND, they need to indicate 150% consistent growth for the NEXT 5 YEARS as well for the stock price to remain where it is. THAT'S NOT GOING TO HAPPEN PEOPLE! Let's say Nvidia reports a 480% Y to Y this Q (feeling I have of what some people are expecting; SMH), then what. A 3 digit % current growth & future growth needs to be on the EPS and not just on revenue. People are delusional, and often ignorant, if they think this company's going to have three digit percent growth for the next 5 years. A 480% on this Q and projections means next fiscal year growth will be something like 88% to 90%. Eventually people will realize this stock should be in the $180s price to $200s price for its stock, assuming it reports AND projects three digit growth for its EPS. Once this realization occurs, look out below.

[@Youngdanny45]

It’s just like those damn tulips back in the day.

[@NotAvailable_na]

@@Youngdanny45 WOW, a knowledgeable person. I'm surprised. Yes, those damn tulips, but I wouldn't compare Nvidia stock to that. The whole stock market? Maybe. 😉 Destroyed whole governments and family's wealths. We almost don't have a stock market in the US anymore, and it's more like the tulip market. Almost; not quite. People are trading stocks as if they're commodities and don't even know the difference.