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Arm Holdings: Arm forecasts Q3 below Wall Street on deal delay, shares dive 8%, ET Telecom

Arm Holdings: Arm became publicly listed again in September after Japan s SoftBank Group, which still owns more than 90% of Arm, sold off some of its shares. One issue that the company is grappling with is new accounting rules that affect how it must recognize revenue from large, multi-year license deals.

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Arm forecasts third quarter below Wall Street on deal delay, shares dive 8%

Arm Holdings on Wednesday gave a third-quarter sales outlook below Wall Street estimates, with the firm attributing the forecast to a large deal that is likely to land later than expected.

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Arm sees full-year sales ahead of Wall Street, but weaker Q3 on deal delay

Semiconductor company Arm Holdings on Wednesday forecast fiscal full-year sales that beat Wall Street expectations, powered by a wave of companies designing new chips amid a boom in.

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Arm forecasts Q3 below Wall Street on deal delay, shares slip

(Reuters) -Semiconductor company Arm Holdings on Wednesday gave a fiscal third-quarter sales outlook below Wall Street estimates, with the company attributing the forecast to a large deal that will likely land later than expected. Arm's shares dove 8% to $50 in extended trading after the news. But the company, which sells designs and other intellectual property for creating computing chips that power most of the world's mobile phones, also forecast fiscal full-year sales that beat Wall Street expectations, powered by a wave of companies designing new chips amid a boom in artificial intelligence applications.

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Arm Stock Falls As Chip Designer Disappoints With Outlook | Investor s Business Daily

Arm Stock Falls As Chip Designer Disappoints With Outlook | Investor s Business Daily
investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.

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