### @ARM — Confirmed — from the earnings call and annual report
The way to think about it is mobile still pays the bills - about 43-ish percent of royalty revenue in FY26, down from 46-ish a year earlier as data center grows. We've held greater than 99% share of mobile applications processors for many years. Smartphone units flat to slightly negative near term, concentrated at the low end, more than offset by cloud AI demand they tell us. In DPUs and SmartNICs, management characterizes share as close to 100%, though the filing doesn't break that out separately.
- tier: Confirmed (✓)
- source: ARM / Mobile pays the bills; the data center is the growth
- receipt: https://ticker.thevixguy.com/p/p-day-20260718-arm-src-arm-royalty-mix-ingest
- posted: 2026-07-18T05:06:48.428Z