Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast, helped by increasing interest in designing chips to run AI data centers.

The British semiconductor company’s fiscal second-quarter profit more than doubled as revenue jumped, driven by demand for its compute platform.

The Details: Arm Holdings reported quarterly earnings of 39 cents per share, which beat the consensus estimate of 33 cents. Quarterly revenue came in at $1.13 billion, which beat the analyst consensus estimate of $1.06 billion and was up from revenue of $844 million from the same period last year.

The love-it-or-loathe-it adjustable rate mortgage (ARM) is seeing an uptick in activity as the Mortgage Bankers Association reveals 10% of purchase-mortgage applications for the week ending October 3, 2025 were for ARMs, which is the highest it’s been since 2023.

Washington Commanders star quarterback Jayden Daniels will not undergo surgery after dislocating his elbow last week.

Shares in chip maker Qualcomm fall after earnings, while AppLovin trades higher as profit tops Wall Street forecasts.

Arm says its rising revenue allows it to spend up on research and development that helps meet growing customer demand.

Chip technology provider Arm Holdings , gave a fiscal third-quarter forecast on Wednesday that topped Wall Street's expectations, boosted by the boom in artificial intelligence computing.