Arm CEO discusses company's post-IPO performance and future beyond smartphones

1 min read
Source: CNBC
Arm CEO discusses company's post-IPO performance and future beyond smartphones
Photo: CNBC
TL;DR Summary

Arm CEO, Rene Haas, stated that the company has diversified beyond smartphones, with less than half of its revenue now coming from that segment. Arm's technology is present in various widely-used devices, including electric cars, digital TVs, and smart locks. The company's first quarterly report since its IPO revealed revenue that surpassed Wall Street's expectations. Haas also discussed Arm's role in the next generation of personal computers, enabling efficient performance and support for AI algorithms.

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