Business
Arm Holdings Lacks Supply to Meet Roaring Demand for New Chips
Arm Holdings ARM -10.11%decrease; red down pointing triangle said it expects higher demand for its new line of computer chips, but left its revenue guidance from the chips unchanged as it works to boost supply.
The British semiconductor company said in March that it expected to sell $1 billion worth of the chips through early 2028. On Wednesday, it said its demand forecast had doubled to $2 billion, but said that it lacked supply to meet the new order requests.
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