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Arm CEO Says Market Can’t Get Enough Compute Capacity

Arm CEO Rene Haas says there are tailwinds that will continue to drive the AI and semiconductor growth. This after the company reported strong second quarter results but posted a disappointing sales outlook. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Arm CEO Rene Haas says there are tailwinds that will continue to drive the AI and semiconductor growth. This after the company reported strong second quarter results but posted a disappointing sales outlook. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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1 Comment

1 Comment

  1. @fleetingfacet

    November 8, 2024 at 4:43 am

    Most people are not going to buy more expensive smart phones just so they can run AI on them. AI can run in the cloud from a service, where even a dumb phone could work. People will tend to pay for AI services and use affordable phones. Beyond that, more tech savvy geeks will run their own AI models at home and remotely access that with their phones when need be. Also, perhaps in ten years or so, expect smart phones to be replaced by small devices that we mostly just talk to. No more looking at screens and doom scrolling through crap. We just talk to our AI agents that help us with everything, for basically free. Arm could somehow come out ahead with those future tends, but it won’t be from us buying expensive smart phones.

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Bloomberg’s Caroline Hyde sits down with Qualcomm CEO Cristiano Amon as they eye expansions that could potentially net them $22 billion. And, crypto sees political success after backing candidates with a pro-digital currency stance. Plus, SpaceX’s next missions after completing its latest Starship rocket launch.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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As SpaceX successfully launches its Starship rocket for the 6th time, Lori Garver, operating adviser at Bessemer Venture Partners and former NASA Deputy Administrator, details what the triumphs could mean for Elon Musk’s space venture. She joins Caroline Hyde to discuss on “Bloomberg Technology.”
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Strike CEO Jack Mallers joins to discuss the evolving role of Bitcoin under a new Trump administration. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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