ARM's License Revenue Jumps 50% as Royalties Lag

Arm Holdings posted quarterly revenue of $1.44 billion, up 27% year over year, according to its shareholder letter filed with the SEC. The growth split was uneven: license revenue jumped 50% to $773 million, while royalty revenue — the steadier line tied to actual chip shipments — rose just 8% to $670 million. The result lands as chip stocks sell off broadly on AI valuation worries, with $ARM caught in the same risk-off move pressuring Qualcomm and other semiconductor names this week.