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ARM Holdings, plc (ARMH)

  • Mar. 19, 2013, 7:04 PM
    Incoming ARM (ARMH) CEO Simon Seagars promises his company will remain the Switzerland of the chip world. "We have 300 licensees ...  they rely on the neutrality of our position." He suggests the proliferation of ARM chips that interact with cheap sensors will be a priority. "Low-cost microcontrollers with a wireless interface ... There will be billions of these." William Blair notes Segars has been "groomed for the CEO role," and is well-known in the tech world. (Warren East's retirement)
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  • Mar. 19, 2013, 4:15 AM
    ARM Holdings (ARMH) CEO Warren East will retire on July 1 after 12 years in the job and be replaced by company President Simon Seagars, who joined ARM in 1991. East has transformed Arm as CEO, taking it from a company with one processor product line found mainly in mobile phones to a firm with a broad portfolio and 300 semiconductor customers. Arm shares are -0.9% in London. (PR)
  • Mar. 15, 2013, 9:45 AM
    An upgrade to Buy from Jefferies sends ARM (ARMH +2.9%) to $43. Jefferies' move follows a string of January downgrades that failed to halt the CPU core giant's rise. ARM now trades at 38x 2014E EPS.
  • Mar. 6, 2013, 7:07 PM
    ARM's (ARMH) CPU cores are going into Baidu's data centers ... and they might also wind up in human stomachs. Marvell (MRVL) says Baidu will use its ARM-based Armada XP server CPUs in systems handling cloud storage services. Meanwhile, Freescale (FSL) has developed an ARM-based microcontroller that measures just 1.9 x 2 mm, and says it's working with customers/partners on "products that can be swallowed." Though ARM mobile and server chips get more press, the company's growing microcontroller share is driving much of its unit growth. (previous)
  • Mar. 5, 2013, 5:09 PM
    Texas Instruments (TXN) is the latest ARM CPU supplier for H-P's (HPQ) Project Moonshot, which aims to create ultra-dense, low-power servers that will appeal to the Internet companies now driving industry growth. TI's chips will use ARM's (ARMH) high-end Cortex-A15 cores, and be based on its KeyStone architecture. The tie-up drives home TI's commitment to ARM processors, in spite of its retreat from the mobile processor space. (more on ARM servers)
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  • Feb. 9, 2013, 4:48 PM
    The market for micro servers - cheap, densely-packed, low-power servers most often used for Web/cloud services - will grow from just 88K units in 2012 to 1.2M in 2016 (10% of server shipments), predicts IHS. ARM-based (ARMH) chips could power much of this gear - NVDA, MRVL, AMCC, AMD, and others are busy developing ARM server CPUs. Intel (INTC) has responded with its S1200 Atom CPUs, but opinions about their competitiveness are mixed. Moreover, even if Atom CPUs keep ARM at bay, they could cannibalize sales of costlier Xeon CPUs. (Facebook)
  • Feb. 5, 2013, 3:30 AM
    More on ARM Holdings (ARMH) Q4: "Momentum continues in computing, servers and networking applications," says ARM, with 2.5B chips based on ARM processor technology shipped. Processor royalty revenue +21%, growth in outsourcing of new tech. Expects to continue to gain market share in long-term growth sector as its partners launch new chips. Forecasts Q1 revenues of $250M, and FY dollar revenues in line with analyst forecasts. (PR)
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  • Feb. 5, 2013, 3:25 AM
    ARM Holdings (ARMH): Q4 adjusted EPS +10% to 4.08 pence, in line with consensus; adjusted pretax profit +16% to £80M vs consensus of £75.6M, revenues +19% to £164.2M vs £152.5M. Starts 2013 with a "robust opportunity pipeline for licensing and a record order backlog." Shares +7.2%. (PR)
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  • Feb. 5, 2013, 12:05 AM
    Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH
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  • Feb. 4, 2013, 5:30 PM
    Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH
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  • Feb. 1, 2013, 12:07 PM
    European tech stocks are outperforming following a good day for continental indexes, spurred by decent global PMI data and the U.S. NFP report. In addition to Ericsson and Alcatel-Lucent (previous), Nokia (NOK +2.4%), ARM (ARMH +3.5%), STMicroelectronics (STM +4.4%), and NXP (NXPI +2%) are faring well.
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  • Jan. 30, 2013, 10:13 AM
    Freescale (FSL +17.4%) roars higher after easily beating Q4 estimates and providing Q1 guidance well above consensus. Sales of microcontrollers (strong uptake for ARM-based designs) and base station power amplifiers (lifted by China's 3G buildout) were healthy, offsetting weakness in network processor, analog/sensor, and automotive IC sales. The results appear a validation of new CEO Gregg Lowe's efforts to narrow Freescale's R&D focus and restructure. Pac Crest thinks margins could rise throughout 2013. (transcript)
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  • Jan. 22, 2013, 10:36 AM
    ARM (ARMH -2.2%) slips after receiving yet another downgrade: Benchmark has slashed its rating to Hold from Buy, citing overly optimistic expectations. Morgan Stanley, Piper, and UBS all downgraded ARM last week, largely on valuation grounds - shares of the world's dominant CPU core licensing firm currently trade at 46x 2013E EPS. Q4 results arrive on Feb. 5.
  • Jan. 16, 2013, 1:57 PM
    Facebook has provided a big endorsement for ARM (ARMH) server CPUs: the company is showing off a next-gen server architecture for its Open Compute platform for building cheap/dense/power-efficient IT infrastructures that allows companies to switch between various x86 and ARM CPUs by swapping boards. Applied Micro (AMCC +0.9%) and Calxeda are the first ARM vendors to support it. The architecture will also support Intel's (INTC) silicon photonics tech, using it to handle 100G Ethernet links. (more on ARM servers)
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  • Jan. 15, 2013, 9:30 AM
    ARM (ARMH) -5% thanks to a a downgrade to Equal-weight from Morgan Stanley. "It will be difficult for news flow to improve from here, and ARM could still lose sockets here and there," the firm writes: it thinks expectations of mobile computing, micro-server, and telecom infrastructure share gains, and of higher royalty rates thanks to the adoption of its big.LITTLE architecture, are priced in. Piper downgraded ARM yesterday, but shares closed higher nonetheless.
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  • Jan. 11, 2013, 1:38 PM
    The future of Microsoft's (MSFT) Windows RT is starting to look a little shaky. Not only have Surface RT sales underwhelmed, Samsung has decided not to sell its RT tablets in the U.S. The electronics giant says educating U.S. consumers on RT would require "heavy lifting," and that retail partners have indicated RT demand is modest. One could also point out RT systems, which sport ARM-based (ARMH) CPUs from the likes of QCOM and NVDA, don't support older Windows apps, and that Intel and AMD have been busy developing tablet-friendly CPUs for Windows 8 Pro gear.
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Company Description
ARM Holdings PLC designs microprocessors, physical IP and related technology and software, and sells development tools to enhance the performance and energy-efficiency of high-volume embedded applications.