Arm Holdings (ARM) says data centre royalty revenue grew over 100% Y/Y, with data centre business expected to become company's largest in a few years

Arm Holdings (ARM) says data centre royalty revenue grew over 100% Y/Y, with data centre business expected to become company's largest in a few years.

Arm Holdings reported significant year-over-year growth in data center royalty revenue, exceeding 100%. This robust growth signals a strong outlook for their data center business, which is projected to become the largest segment for the company in the coming years, suggesting potential for enhanced margins and market positioning.