Heavily dependent on Nvidia for revenue. Softbank did attempt to sell ARM to Nvidia apparently.

However I will hold off before buying ARM stock until the frenzy is over and people realise that what they bought was not what they had been led to believe (things like initial omission from indices which may have ramped up price higher and thus a quick return) and begin to jump ship, again not fully grasping that despite non inclusion on the indices the stock and business poses a bright a long term future thanks to it diverse and low cost revenue streams and in effect a cash generative business linked to other cash generative businesses.

Who knows it may be a direct competitor to Nvidia who is all about AI. However ARM has the upper hand in that its designs and products are able to very large computational processes using low power and thus perfect for things like handheld devices, smart everyday tech such as TV, Fridge etc without them getting too hot. So whilst Nvidia is all about the AI hype ARM is more about how it achieves the use of AI in everyday devices.

An analogy may be that of a gold rush in that everyone went looking for El-dorado but the little stall selling the pick-axe and pair of jeans walked away with large volumes of cash through small sales low cost but necessity items.

Similarly my relatively inexpensive printer has to be filled with expensive ink cartridges due to a blasted chip attached to it. The printer is cheap, the ink is cheap but to get them to work, that chip is needed.

It's already happening. I read the other day that the American authorities had a heart attack almost when they opened up the latest Huawei mobile phone. Inside was a chip set made at 3 nanometer architecture that the Chinese were previously thought to have been incapable of manufacturing.

Someone sanction busting? Or stolen IP? Or genuinely home grown technology? No matter, they now have cutting edge semi conductor technology.

That is kind of my point when I say I am not buying yet and waiting for the mania to stop.

IMO it is a cash cow and growth is a secondary factor.

So long as we push this AI and cloud computing trend, the revenues should come in and, like Apple ARM just needs to design a new model every now and then. Then the western politics will ensure that the revenues maintain itself by banning foreign tech or some other means.

I agree with your Chinese (and HIlda's) comments, that market will be lost to the west, but then again this is not new, the likes of Google, Facebook etc have been doing fine without China. On top as time goes by Mr Sleepy's policy of made in the USA may hurt themselves more in the long run.

We already have 'Made in India', China's gradual shunning of US products to take full effect. Just watch the revenues from space related (data streaming for agricultural and weather purposes) move away from the US to India, not to mention its assistance to countries like Afghanistan, Bangladesh etc to take full effect.

There is a lot of tech in both China and India which is far advanced than we think. Amazon's revolutionary person-less store has been in China for well over a decade. India's tech boom has been helping the US since the 2000's, just that they are now doing it in their own country now. Countries like Africa (India and China) to have had contactless payments via their mobiles a decade ago when the west was thinking about about it would be imaginable to the average individual.

The tone of the mighty US has changed from China is backward and cannot compete with our might to that of the fact they have not fought many wars and thus do not have the practice as we do.

Good results overnight


https://finance.yahoo.co...=ARM&.tsrc=fin-srch


As noted by Wayne Hurdman, ARM is a Cambridge based company lost to the London Stock Exchange and that is a great pity; it would currently rank in the top-ten of the Ftse100, just below BP by market cap.