Arm Holdings shares fell almost 10% in Friday's session amid a broad sell-off in semiconductor stocks. The trigger was Intel's third-quarter report: although revenue grew in double digits and its data center and AI unit gained substantially, its fourth-quarter guidance was unexpectedly weak, forecasting sequential declines in revenue, gross margin and non-GAAP earnings per share, well below analyst estimates. Many chip stocks fell heavily, with Intel's outlook seen as a warning sign for the sector. The author argues markets tend to overreact and that Arm faces risks from the current contraction in PC shipments and rising component costs, though its asset-light licensing model may leave it less exposed than Intel. The author says they are waiting for Arm's fiscal second-quarter 2027 results, scheduled for Wednesday, Nov. 4 after market close.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Arm HoldingssemiconductorsIntelearnings
Open a keyword to see other news on the same topic.
Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Can ARM's 13% Contract Value Growth Sustain Momentum in Q2?
Arm Holdings' annualized contract value (ACV) reached $1.73 billion in fiscal Q1 2027, up 13% from $1.53 billion a year earlier and from $1.66 billion in fiscal Q4 2026. Licensing and other revenues rose 23% year over year to $574 million, and royalty revenues climbed 22% to $715 million on broader adoption of newer architectures. The article says these trends set a favorable backdrop for the upcoming fiscal Q2 report, but flags the timing of large licensing deals, variability in customer spending, customer concentration and elevated R&D expenses as key concerns. It also points to Qualcomm and NVIDIA as U.S.-listed semiconductor peers benefiting from demand for advanced computing.
- Coherent vs. Arm Holdings: Which Tech Stock Offers More Upside Now?
The article compares Coherent (COHR) and Arm Holdings (ARM), two technology companies that benefit from AI infrastructure. For COHR, it points to rising demand for high-speed optical networking as AI clusters expand and to its broad portfolio, from indium phosphide lasers to silicon photonics, and says PhotonLink could help move the company toward integrated optical subsystems. For ARM, it highlights AI infrastructure spending by Anthropic, Alphabet (GOOG) and Microsoft (MSFT), and rising CPU demand from autonomous AI agents. According to Zacks Consensus Estimates, COHR's fiscal 2027 sales and EPS are projected to grow 50% and 68%, while ARM's current-year sales and EPS are expected to rise 22% and 24%, and EPS estimates for both have been flat over the past 60 days.
- How Qualcomm's Legal Win Over Arm Could Reshape the Long-Term Thesis for QCOM Investors
A federal jury in Delaware found that Arm Holdings breached a key architectural licensing agreement with Qualcomm and interfered with its business relationship with Meta Platforms, awarding Qualcomm nominal damages of US$2. The verdict confirms Qualcomm's right to continue custom CPU development under the license, which the article says gives clearer legal footing for its Oryon CPU roadmap. The article links this to Qualcomm's expanded Amazon collaboration on custom AI data center silicon, which could help offset pressure on handset and modem revenue. It also cautions that Qualcomm still faces concentrated customer risk and potential margin pressure if handset volumes weaken faster than its diversification efforts progress.
- Qualcomm and Arm Trial Ends in Hung Jury Over Licensing Breach Allegations
A jury in Wilmington, Delaware deliberated about four hours on Friday without reaching a verdict in Qualcomm's lawsuit against Arm Holdings and will return Tuesday. Qualcomm alleges Arm withheld software patches and tools, breached a deal to keep Qualcomm's price within 10% of the lowest price for Arm's processor designs, and leaked a 2024 letter to Bloomberg to harm its dealings with Meta. Arm says Qualcomm was “not harmed in the least” and calls the suit leverage in licensing talks. Qualcomm's license runs until 2033, and the key question is whether the companies can agree on terms for newer versions. In its latest quarter Qualcomm reported $9.9 billion in revenue and $2.21 per share, while memory prices are pressuring phone demand and margins.
- Is Intel Stock a Buy After Its Post-Earnings Plunge?
Intel shares fell sharply after hours on Thursday, from a $92.07 regular-session close to about $71, following third-quarter results. Revenue rose 21% year over year to $16.5 billion and adjusted EPS of $0.52 beat guidance, but the fourth-quarter outlook of $15.0–16.0 billion in revenue and $0.25 in EPS was weaker. Data center and AI revenue jumped 78% to $7.3 billion, while PC-related revenue fell 5% to $8.1 billion. Intel expects PC segment revenue to drop over 20% next quarter as industry PC units shrink about 12% in 2026 and 10% in 2027, and an accident that shut its Fab 28 plant in Israel also weighs on results. The author judges it is not yet time to buy, given the stock trades near 33 times expected 2027 earnings and the diluted share count is expected to be about 20% above the third quarter of 2025.
- Intel’s stock crashes, knocking $12B from government’s stake
Intel's stock crashed around 28% on Friday, one of its worst days ever, after the chipmaker forecast weaker fourth-quarter results: revenue of $15–16 billion versus analysts' expected ~$17 billion, gross margin falling to 37% from 43%, and no positive cash flow. The drop cut $12 billion from the value of the government's 10% stake, bought under the Trump administration over a year ago. Intel is still up more than 70% this year, though well below its summer highs. CEO Lip-Bu Tan said customers signaled a PC slowdown due to rising memory prices and limited availability, while data center revenue grew 78% year over year. Intel's new Arizona fab is operational, but the next one isn't expected until 2028.
Related markets
Latest news
- Gold bar and gold ring prices today (31/10) at SJC, DOJI, Bảo Tín Mạnh Hải, PNJ...: How much is a chỉ?
Domestic gold prices were flat: SJC, DOJI, Bảo Tín Mạnh Hải and PNJ all quoted gold bars at 138.4–141.4 million VND per lượng (buy–sell), while gold rings were sold at about 13.83–14.04 million VND per chỉ. In contrast, world gold prices fell 3.5% in the 30/10 session to 3,880.97 USD/ounce, the lowest since October 2025 according to Reuters, and silver dropped 6.5% below 50 USD/ounce. The article attributes the pressure to persistent inflation concerns, US third-quarter GDP growth of 3.4%, and the possibility of a Fed rate hike in December, as well as investors possibly having to sell other assets for liquidity as tech stocks slumped. According to Kitco, late in the session, spot gold was around 3,896 USD/ounce (down 3.1%) and silver about 49.02 USD/ounce (down 5.8%).
- Minister of Home Affairs provides details on new salary policy
According to Minister of Home Affairs Nguyễn Tiến Hải, the government has issued decrees adjusting salaries, pensions and allowances under Politburo Conclusion No. 206, benefiting over 5.8 million people, with an additional 48.5 trillion VND in resources allocated for the last six months of 2026. Raising the base salary from 2.34 million to 2.53 million VND per month would require about 35,000 billion VND in the same period, while nearly 3.5 million pensioners and social insurance recipients would need about 10,773 billion VND. The allowance for commune-level civil servants will rise from 25% to 55%, covering about 163,000 people at a cost of roughly 2,800 billion VND. The Ministry of Home Affairs is working with the Central Organizing Committee on an overall salary scheme. Delegate Nguyễn Thị Yến Nhi proposed allowances for commune-level public-sector employees, who currently do not receive the public service allowance that commune civil servants get; the Ministry is studying the issue to report to the government.
- Why Merck Stock Flew Higher on Friday
Merck (MRK) shares climbed more than 2% on Friday, extending the positive reaction to its third-quarter results posted Thursday, while the S&P 500 fell a relatively steep 1.8%. Sales rose 5% to over $18 billion, driven by Keytruda, and non-GAAP net income fell 4% to nearly $6.2 billion, with both figures and its full-year 2026 guidance beating average analyst estimates. Two of the four big banks raised their price targets: Bank of America Securities to $165 from $163 and J.P. Morgan to $175 from $165, and both maintained their buy ratings. The author notes that Keytruda is approaching its patent cliff, but the pipeline offers room for another blockbuster, and the stock currently yields 2.3%.
- VietinBank leads bank sector profits in Q3
VietinBank reported third-quarter pre-tax profit of 13,688 billion VND, up 22% year on year, overtaking Vietcombank as the largest bank by profit this quarter. Net interest income, the core measure of banking operations, reached 21,815 billion VND, up 27%, while net income from services, foreign exchange and other activities all grew strongly. The bank credited the results to tighter control of capital costs, a rebalanced credit portfolio, risk management and lending to sectors prioritized by the government. However, for the first nine months, pre-tax profit of 39,557 billion VND (up 34%) still ranked second behind Vietcombank. As of September 30, total assets reached 2.95 million billion VND (up 7%), outstanding loans exceeded 2.1 million billion VND, deposits were 1.94 million billion VND, and bad debt stood at 25,781 billion VND, or 1.2% of loans, up 0.1% from the start of the year.
- Stocktwits Zero To Sixty: Rivian Raises Delivery Guidance On R2 Demand, Tesla Expands Robotaxi Fleet, And Ford Advances Low-Cost EV Plans
Rivian reported third-quarter revenue of $2.16 billion, up 38% year over year and above consensus near $1.99 billion, while its adjusted loss narrowed to $0.48 per share. The company raised its 2026 delivery outlook to 67,000–70,000 vehicles on strong demand for the R2 SUV and lowered its capital expenditure outlook to $1.4–$1.5 billion. Tesla expanded its robotaxi fleet in Texas to 1,051 authorized vehicles, with 544 Cybercabs now outnumbering 507 Model Ys. Ford said its sub-$30,000 Fathom midsize electric pickup remains on track for a late-2027 launch, while GM is preparing its Lansing plant for future hybrid versions of the Chevrolet Traverse, Buick Enclave and GMC Acadia. Over the week, RIVN rose 3%, TSLA 7%, GM 15% and F about 6%.
- S&P 500, Nasdaq End Third Straight Week Lower As Investors Move Away From Tech, AI — AMZN, INTC, LLY, RBLX In Focus
The S&P 500 fell 2%, the Nasdaq 100 dropped 3.5% and the Dow eased 1.1% on Friday as investors pulled out of tech and AI after third-quarter results missed expectations and heavy AI capex plans weighed on cash flows; the Nasdaq 100 was down about 6.5% for the month. Intel (INTC) plunged the most in over forty years after weak quarterly results and a soft outlook, while Roblox (RBLX) fell about 20% after weaker user engagement and a disappointing fourth-quarter bookings outlook. Semiconductor ETFs, including SMH, dropped between 6.5% and 8%, while Amazon (AMZN) arranged up to $80 billion in supplier financing and Eli Lilly (LLY) and AbbVie (ABBV) hit record highs after raising their 2026 outlooks. Bank of America guided investors toward mega-cap tech corporate bonds over equities and said a potential Tesla–SpaceX merger could face its biggest regulatory challenge in China. Investor attention now turns to the mid-term elections due next week.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.