ARM Arm Holdings Plc ADR

Arm Holdings Plc ADR (ARM) Company Description

Arm is defining the future of computing. Semiconductor technology has become one of the world¿s most critical resources, as it enables all electronic devices today. At the heart of these devices is the CPU, and Arm is the industry leader of CPUs. We architect, develop, and license high-performance,low-cost,and energy-efficient CPU products and related technology, on which many of the world¿s leading semiconductor companies and OEMs rely to develop their products. Our energy-efficient CPUs have enabled advanced computing in greater than 99% of the world¿s smartphones, for the year ended December 31, 2022, and more than 250billion chips, cumulatively, powering everything from the tiniest of sensors to the most powerful supercomputers. Today, Arm CPUs run the vast majority of the world¿s software, including the operating systems and applications for smartphones, tablets and personal computers, data centers and networking equipment, and vehicles, as well as the embedded operating systems in devices such as smartwatches, thermostats, drones and industrial robotics. We estimate that approximately 70% of the world¿s population usesArm-basedproducts, and the scale of Arm¿s reach continues to expand, with more than 30billionArm-basedchips reported as shipped in the fiscal year ended March31, 2023 alone, representing an approximately 70% increase since the fiscal year ended March 31, 2016.