Arm

76/day) Today (July 29, 2026), Arm (NASDAQ: ARM) published a letter to its shareholders containing the company's results for its first quarter of fiscal year 2027, which ended June 30, 2026. 29 billion, representing another record quarter for revenue. This was driven by record first-quarter licensing and royalty revenue, with data center royalties more than doubling year over year and the continued adoption of Arm technology with higher royalty rates per chip, such as Armv9 architecture and Arm Compute Subsystems (CSS). Since its launch in March 2026, Arm has made strong progress with the Arm AGI CPU: Customer demand has accelerated beyond initial expectations and now exceeds $2 billion across FYE27 and FYE28.

Initial product has been delivered to multiple customers. Arm continues to add new customers, including multiple in US and China, while the overall value of the pipeline continues to strengthen. Arm has secured the manufacturing capacity required to support the $1 billion opportunity outlined in the previous quarter across FYE2027 and FYE2028. 5 billion cores. The most recent 500 million shipments took place in the past nine months, reflecting Arm's growing market share and increasing value capture. Momentum for the Arm compute platform extends across the broader AI data center ecosystem.

Analyst firm IDC recently reported that spending on Arm-based accelerated server platforms has nearly doubled in the past two quarters and surpassed x86 platforms, underscoring the industry's transition toward Arm for AI infrastructure. Recent milestones reinforce that the world's leading AI infrastructure providers are building the next generation of AI infrastructure on Arm: NVIDIA announced that Vera has entered full production. Built on Arm, Vera delivers up to 50% higher CPU performance and 2x greater energy efficiency than comparable x86 systems and will serve as the CPU foundation for NVIDIA's next-generation AI infrastructure, with deployments planned across leading AI cloud providers and server platforms.

Google stated that its Arm-based Axion CPU will be a core component of its AI infrastructure strategy, highlighting its role as the host CPU for Google's TPU AI systems. AWS announced a multi-year agreement with Meta to deploy tens of millions of Arm-based Graviton5 cores to power agentic AI workloads. Microsoft expanded Azure Cobalt 200 virtual machines built on Arm Neoverse CSS. Qualcomm announced plans to enter the AI data center CPU market with its Arm-based Dragonfly C1000. Arm's platform advantage grows as agentic AI expands beyond the data center into edge devices, including on-the-go AI PCs and high-performance agentic platforms, and the physical world, including vehicles, robots, industrial systems and autonomous machines.

This plays directly to Arm's strengths in delivering efficient, high-performance compute across billions of devices. Recent milestones reinforce Arm's expanding opportunity, as AI drives the transition to the next generation of personal computing and intelligent machines. NVIDIA introduced RTX Spark, the first agentic PC platform built on Arm CSS, which enables sophisticated agents and larger AI models to run locally, bringing agentic AI directly to developers and creators. Systems based on RTX Spark are expected to be available later this year from leading OEMs including Acer, ASUS, Dell, HP and Lenovo, demonstrating broad support for this new category of Arm-based computing.

The same OEMs are continuing to expand the Windows on Arm ecosystem with new Qualcomm Snapdragon-powered AI PCs.