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Arm shares drop 11% as chip provider forecasts lower sales, declines to give full-year guidance

The Star LogoThe Star14h ago

Arm shares drop 11% as chip provider forecasts lower sales, declines to give full-year guidance - The Star

Quick Summary:

SHARES in Arm Holdings fell 11% on Wednesday after the chip provider gave a fiscal first-quarter forecast below Wall Street estimates and declined to give guidance for the full year, citing global trade and economic uncertainty.

Shifting trade policies are likely to hurt consumer demand, bringing on a possible decline in the smartphone market this year, according to research firm Counterpoint.

Arm expects adjusted profit of 30 to 38 cents per share for the first quarter, compared with estimates of 42 cents per share.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 07:39:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28482425

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 49 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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  • News ID: #28482425
  • URL: https://beamstart.com/news/arm-shares-drop-11-as-17466614535538

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