The company said it expects FY Q2 revenue in the range between $1.01 billion and $1.11 billion.
Arm claimed that more than 70,000 enterprises now run AI workloads on Arm Neoverse data center chips – a 40% increase y-o-y and a 14x surge since 2021. Arm Neoverse CPUs power the custom silicon of NVIDIA Grace, AWS Graviton, Google Axion, and Microsoft Cobalt.
Arm expects the market share of Arm Neoverse-based chips shipped to top hyperscalers to be nearly 50% this year.
To date, Arm has signed 16 CSS (Compute Susbsystems) licenses with 10 companies – more than double the number y-o-y. Five of these are already shipping CSS-based chips.
During the quarter, Arm signed three more CSS licenses: two for data center and one for PCs. CSS is becoming a significant tailwind for royalty revenue growth.
Also it its Q1, Arm also announced Zena CSS – a compute subsystem for software-defined vehicles. Optimised for AI-driven automotive workloads such as autonomous driving and in-cabin personalised experiences, Zena CSS claims to enable automakers to launch new vehicle models at least one year faster than traditional timelines.
Nearly every global automobile OEM today, including Tesla, Rivian, NIO, Mercedes-Benz, Honda, and Geely, already use Arm technology, claims Arm. Arm already has its first Zena design win.
