$Arm(ARM.US) | Rosenblatt 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗕𝘂𝘆 on 𝗔𝗿𝗺 𝗛𝗼𝗹𝗱𝗶𝗻𝗴𝘀, cuts PT to $𝟮𝟱𝟬 from $𝟮𝟳𝟬
Analyst sees solid growth and surging server CPU demand, but cuts the PT on lower FY28E EPS from lower GM and higher expenses.
T-Rex 2X Long ARM Daily Target ETF
ARMU16.2600.00% ( 0.000 )
Share your thoughts
Write something you'd like to share with our community...
- D
ARM: Big Tech Pullback; Is the Sky-High Valuation Cooling?
Arm (ARM) released FY2027 Q1 results in U.S. after-hours trading on the morning of Jul 30, 2026 (Beijing time). The quarter ended Jun 2026.
1) Key metrics: revenue of $1.29bn (+22% YoY), in line with consensus ($1.26bn), driven by growth in both licensing and royalties. GPM was 97.2%, remaining elevated...
+9ARMFinancial Analysis - D
ARM (Trans): Core biz red-hot; new biz demand surging
Below is Dolphin Research's compiled Trans of $Arm(ARM.US) FY27Q1 earnings call.
Part I: Core financial highlights review.1) Results recap: FY27Q1 revenue was $1.29bn (+22% YoY).
It was the highest quarterly revenue in the company's history.Royalty revenue was $715mn (+22% YoY), while licensing and other came in at $574mn (+23% YoY).
Both set Q1 records. Non-GAAP EPS was $0.45 (+29% YoY)...
ARMConference Minutes - E
BofA: Intel
Investment Rating & Price Objective> Rating & Price Objective: Maintain BUY with a Price Objective (PO) of $160.00 USD (against a stock price of $91.67 USD). > Valuation Basis: Based on 31x CY30E EPS power of $6+, discounted back two years to account for long-term server CPU and external foundry wafer/packaging opportunities. Server & Market Positioning> Supply-Driven Share: Server market share through 2026–2028 is viewed as a function of supply rather than design. Coral Rapids (slated for 18A-P in 2027) will further help close the performance gap against competitors. > ASP Strength: Q2 server Average Selling Price (ASP) jumped +48% YoY, driven by higher core-count Granite Rapids adoption. > Competitive Edge in AI: Intel argues that agentic AI workloads vary in requirements and may not always favor ARM or AMD. Intel’s NVLink design-in establishes a level playing field for system-level integration, while x86's security lead provides an advantage in enterprise AI. > PC TAM: The PC Total Addressable Market (TAM) is tracking for a 10–12% YoY decline in 2026, though Intel sees limited inventory risk due to clear sell-in vs. sell-through visibility. Intel Foundry Progress> Yields & Margins: Under CEO Lip-Bu Tan, 18A/4/3 nodes are showing upside on yield, cycle times, and unit costs. 18A yields are expected to approach industry standards by the end of 2026, with a path to operating margin (OpM) breakeven by 2027 (excluding external customers). > External Nodes (18A-P & 14A): 18A remains internal-only, while 18A-P targets external customers (risk production underway, 2027 volume committed). 14A High Volume Manufacturing (HVM) has been committed for 2028, featuring external customer engagements from the outset. > Long-Term Financial Goals: Long-term gross margin targets are set at mid-40%+ to 50%+. Multiple financial levers—including prepayments, non-core asset sales, and equity—are available to support rising capital expenditure intensity. Advanced Packaging (EMIB)> Backlog & Ramps: The EMIB-T (Through-Silicon Via variant) backlog is actively building for a 2027 ramp-begin and full 2028 ramp. > Revenue Potential: Each packaging engagement is projected to be worth multiple billions of dollars per year. > Capacity & Constraints: Assembly and packaging (A/P) capital intensity is lower than wafers (roughly 1 to 5), and Intel already has capacity to handle multiple engagements in 2027. Current supply constraints are centered on external substrates, which are being managed via supplier prepayments.$Intel(INTC.US) - E
Former Senior Director, SoC Design & Development, Data Centre & AI Group at Intel:
"USD 120bn server CPU TAM forecast by 2030 is considered conservative, with physical AI, edge inference and agentic orchestration potentially driving 30-40% upward revision within one year."> Market Split & AMD's Rise: The x86 server CPU market is currently split roughly 60/40 between x86 and Arm. Within x86, AMD commands nearly 50% of the server segment following years of historical Intel dominance. > Agentic AI & CPU-to-GPU Ratios: Agentic AI workloads and mixture-of-experts models are dramatically reversing the historical training-phase GPU-to-CPU ratio (which favored GPUs heavily at 4:1 up to 8:1) back towards a 1:1 or 1:2 ratio, with expectations to hit 1:8 in favor of CPUs within a year due to intensive reasoning and orchestration demands. > Conservative TAM Forecasts: The USD 120bn server CPU Total Addressable Market (TAM) forecast by 2030 is viewed as conservative. Physical AI, edge inference, and agentic orchestration could potentially drive a 30-40% upward revision within a year. > Competitive Landscape (Venice vs. Diamond Rapids): AMD's Venice architecture (reaching 256 cores) provides it with an unofficial 12-month head start over Intel's Diamond Rapids, making AMD breaching a 50% x86 server share by the end of 2027 a realistic possibility. > Intel's Structural Advantage: Despite operating as two distinct business entities, Intel’s tight internal coupling between design and manufacturing provides an inherent 20-30% architectural advantage once foundry execution and the 18A node stabilize.> Arm's Core Demand Impact: Arm's CEO, Rene Haas, noted that Agentic AI is scaling CPU core demand up to 4x higher, pushing up to 120 million cores per gigawatt. > Supply Constraints: Current severe shortages—with AMD sold out through the end of 2026 and lead times hitting 30-plus weeks, while Intel underships true demand by roughly 20%—are tied to the entire integrated ecosystem of advanced front-end logic wafer capacity and tied-in packaging capacity rather than memory. > Volume vs. ASP Strategy: About 66% of AMD's server CPU growth comes from unit volume increases rather than Average Selling Price (ASP) expansion, contrasting with Intel's historical high-ASP strategy.$Intel(INTC.US) $AMD(AMD.US) - A
$Arm(ARM.US)
The market treats Arm like a typical semiconductor cycle stock, focusing on short term revenue and licensing swings. I see a different story.
Arm is not selling chips, it owns the architecture behind the compute stack. As AI, data centers, and edge devices move toward custom silicon, more designs still rely on Arm’s instruction set, creating a long term royalty stream.
The real moat is its position at the foundation of computing. I am not investing for quarterly momentum, I am investing for structural compounding. Short term noise does not matter unless the long term thesis breaks.
@Captain's Treasure
Trade Showcase: Trade, Show & Earn Rewards! - H
$Arm(ARM.US) | Jefferies maintains 𝐁𝐮𝐲 on 𝐀𝐫𝐦, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟑𝟐𝟎 𝐟𝐫𝐨𝐦 $𝟐𝟗𝟎
Analyst sees rising AGI CPU orders from new customers and a potential Softbank GPU launch as key drivers for increased revenue forecasts and PT.
- D
TSM (Trans): FY growth 40%+; capex hike remains prudent.
Below is Dolphin Research's Trans of TSMC FY26 Q2 (fiscal Q2 2026) earnings call. For the earnings analysis, see 'No blowout, just so-so: Can TSMC still carry the AI narrative?'
I. $Taiwan Semiconductor(TSM.US) earnings highlights recap — 1) Shareholder returns: TWD 467 bn in cash dividends in 2025 (+28.6% YoY), with full-year DPS of TWD 18. In 2026, DPS will rise to TWD 24...
TSMCConference Minutes - F
Featured$SK Hynix - WI(SKHYV.US)
🚀 SK hynix surged nearly 13% on its Nasdaq debut. The big question now is: Should investors chase the rally or wait?
History tells us most mega IPOs get choppy right after listing: some keep rising but many pull back as early buyers lock in profits and big investors build positions slowly.
SK hynix is different from most past high-flying IPOs, it is already profitable and the clear global leader in AI memory chips. But that 13% jump also means expectations are now sky-high.
Curious how similar giants like Alibaba, Arm, Snowflake, Rivian and Meta fared in their first month of trading?
📊 Check the infographic below for:
✅ Historical mega IPO performance
✅ Typical post-listing patterns
✅ Key opportunities & risks
✅ What’s likely ahead for SKHY
📌 For discussion only – Not financial advice. Always do your own research!😁
Memory Supercycle: MU, SNDK, SKHY Jump. Real or Late? - A
Meta’s chip push explodes with help from TSMC, MediaTek, Qualcomm, Arm, Broadcom, DigiTimes reports:
-Meta also working with Qualcomm, MediaTek on new ASIC projects-Will use Qualcomm CPUs, working with Arm on CPU project-Broadcom readied ‘Iris’ chip in just 6-months (testing, validation) for September production, shows Meta revving up chip ops-Key reason for Meta chip moves: Reduce computing costs $Meta Platforms(META.US) $Qualcomm(QCOM.US) $Broadcom(AVGO.US) $Arm(ARM.US) $Taiwan Semiconductor(TSM.US) #Mediatek #semiconductorsSource: Dan Nystedt
- A
$Arm(ARM.US)
Tech futures pointed to a strong post-holiday bounce, lifting ARM as the market revisits the AI trade. The recent pullback may have cleared some short-term excess and brought buyers back in.
The bigger story is still custom architecture and licensing momentum, which looks stronger than the old royalty model. Demand for specialized compute keeps ARM’s ecosystem sticky and hard to replace.
I’d rather watch the structural trend than react to every daily move. As long as ARM’s architecture edge holds, there’s no need to chase.
@Bridge Buzz SG
Trade Showcase: Trade, Show & Earn Rewards! - H
📊 Overnight Movers
$Sandisk(SNDK.US) $Micron Tech(MU.US) $IREN(IREN.US) $Strategy(MSTR.US) $BitMine Immersion Tech(BMNR.US) $Western Digital(WDC.US) $Circle(CRCL.US) $Nebius(NBIS.US) $CleanSpark(CLSK.US) $Astera Labs(ALAB.US) $Marvell Tech(MRVL.US) $Arm(ARM.US) $Coreweave(CRWV.US)
- A
$Arm(ARM.US)
ARM is seeing mild pressure today after weeks of volatility and a pullback from its recent high. To me, this looks like normal market noise after the sharp valuation expansion earlier this year.
The long-term thesis is still intact as AI infrastructure shifts toward more continuous, power-efficient execution, supporting demand for ARM’s computing cores.
Despite the premium valuation, I’m comfortable adding gradually through dollar-cost averaging to reduce timing risk.
@Bridge Buzz SG
Trade Showcase: Trade, Show & Earn Rewards! - D
$AMD(AMD.US)
AMD is a well known challenger who has famously done it against Intel and now is giving Nvidia a run for its money. It has carved out for itself a niche in the inference segment and is up against ARM as its closest competitor especially in the agentic AI arena.
Technically though, she probably is still early in her cycle but she is due a breather and will probably pull back a bit before roaring ahead.
@Bridge Buzz SG
Trade Showcase: Trade, Show & Earn Rewards! - H
$Arm(ARM.US) | UBS reiterates 𝐁𝐮𝐲 on 𝐀𝐫𝐦, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟒𝟕𝟎 𝐟𝐫𝐨𝐦 $𝟐𝟔𝟎
Analyst sees a path for Arm to expand into broader AI use cases with future product generations, raising long-term revenue estimates for its standalone CPU.
- H
$Blackberry(BB.US) | Stifel Canada 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐁𝐥𝐚𝐜𝐤𝐁𝐞𝐫𝐫𝐲 with a 𝐁𝐮𝐲 rating, sets 𝐏𝐓 𝐚𝐭 $𝟏𝟐
Analyst sees BlackBerry as a misdefined leader in 'physical AI', shifting to a high-quality, ARM-like royalty model supporting a premium valuation.
- V
The volatility in semiconductors...
$Taiwan Semiconductor Manufacturing Company(TSM.US) also dropped 6.69%, my core holdings 😂
- M
The AI bubble might soon be popping:
$Micron Tech(MU.US): -11.04%$Marvell Tech(MRVL.US): -8.82%$ASML(ASML.US): -8.08%$Arm(ARM.US): -7.22%$Taiwan Semiconductor(TSM.US): -5.49%$Super Micro Computer(SMCI.US): -5.22%$AMD(AMD.US): -5.01%$Broadcom(AVGO.US): -3.55%$NVIDIA(NVDA.US): -2.92%
