Arm Holdings aims to capture 50% of PC market, partnering with Qualcomm for Arm-based computers.

From Nasdaq Group: 2024-06-08 05:10:00

Arm Holdings, known for smartphone tech, aims to capture 50% of the Windows PC market in five years. With a recent jump into PC market, partnering with Qualcomm for Arm-based computers, Arm hopes to capitalize on new AI applications propelling PC market growth.

Arm’s revenue stream diversification sees new designs for AI applications. It aims to compete with Intel and AMD in PC market, gaining 14% share by 2026. Apple phased out Intel to use Arm-based chips, signaling potential growth opportunities in laptops and tablets.

With strong tailwinds in AI and potential PC market growth, Arm is set for success. Trading at over 81 times forward P/E, the company’s valuable licensing model and long-term income generation make it a solid investment option for long-term growth potential. Monitor for price dips before considering investment.



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