Arm Holdings

Money Moves

Transitioning from licensor to chipmaker; AGI CPU demand exceeds $2B but supply chain capacity lags — first production sales targeted Q4 FY2027

For 35 years, Arm Holdings sold blueprints, not chips. On May 6, 2026, Arm formalized a different future: a $15 billion direct chip-sales business by fiscal 2031, anchored by an in-house data center processor called the Arm AGI CPU.

Updated May 31

Rule Changes

Subject of three antitrust probes

Arm Holdings designs the chip architecture found in roughly 99% of smartphones and a growing share of data-center processors. On May 6 it reported record quarterly results. Five days later, Bloomberg revealed the Federal Trade Commission had opened an antitrust probe into how the company distributes those designs.

Updated May 20