Arm stock jumps 8% as CEO Haas issues $15B revenue expectation for new chip

2026-03-25 01:42:58 ET

Arm Holdings ( ARM ) shares jumped 8% in after-hours trading on Tuesday after CEO Rene Haas projected 2031 annual revenue at more than six times its 2025 level....

Haas unveiled Arm’s first in-house chip on Tuesday at an event in San Francisco, with Meta ( META ) as the initial customer. Arm stock closed about 1.5% lower on Tuesday following the chip announcement.

Haas said Arm expects the new chip to generate roughly $15 billion in annual revenue by 2031, with total annual revenue of $25 billion and earnings per share of $9, CNBC reported.

Central processing units are seeing a resurgence of demand as agentic AI changes compute needs. Haas predicted CPUs will see a fourfold increase in demand around agentic AI. “We may be under-calling that number,” Haas said Tuesday. “I think the demand is higher than we think it is.”

The company, the U.K.-based arm of SoftBank ( SFTBY ) , reported strengthening commercial momentum with partners including Cerebras , Cloudflare , F5 , OpenAI , Positron , Rebellions , SAP , and SK Telecom .

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