TradingKey – Arm opens September 4 with their last closed deal at $242.59 showing a 3.29% increase from the previous close, almost matching the chart provided at $242.64. Premarket trading sitting at $247.67 has $247.50 the first active resistance. The more important resistance still stands at $255.20-$258.44. With record Q1 revenue, data-center royalties more than doubling and new support from NVIDIA Vera, IBM Z/LinuxONE, Fujitsu MONAKA and Arm AGI CPU, the data-center and AI story continues to expand past smartphones.
Q1 Revenue Reached a Record $1.29 Billion
Arm reported $1.29 billion in fiscal Q1 2027 revenue, up 22% from the previous fiscal year. In dollar amount, royalty revenue increased 22% to $715 million, and licensing revenue…
