Arm Reveals ByteDance, Oracle Use Its Data-Center CPU Chips, May Hit $15 Billion Sales Goal Early
Arm said ByteDance and Oracle are using its data-center CPU chips, and its CEO said the company may reach its target of $15 billion in sales of its own chips earlier than anticipated.
The disclosure points to growing traction for Arm's processors in data centers. The CEO said surging AI demand and rapid growth in data centers could accelerate the company's timetable for that sales goal.
From the sources (3 posts)
@businessArm may achieve its target of $15 billion in sales of its own chips earlier than anticipated, its CEO says
@ftr_investors$ARM Arm CEO says the company could reach its $15B AI chip revenue target earlier than expected, driven by surging AI demand and rapid growth in data centers. Meta is expected to be the first major customer for Arm's upcoming AI-focused CPU
@reutersArm says ByteDance, Oracle use its data centre CPU chips