### @ARM — Confirmed — from the earnings call; forward figures are management's framing
The way to think about it is the AGI CPU, announced March 2026, is our first datacenter chip of our own design. Committed demand more than doubled in ~six weeks to over $2B across FY27-28, yet first-revenue outlook held flat at $90-ish million for Q4 FY27 while supply secures - memory, wafers, packaging, test. CFO frames it as maintaining our $1B outlook while pursuing capacity. Chip and IP run as parallel vectors; $15B CPU plus $10B IP by FY31 is management framing, not booked.
- tier: Confirmed (✓)
- source: ARM / Arm's first chip of its own
- receipt: https://ticker.thevixguy.com/p/p-day-20260723-arm-src-arm-agi-cpu-silicon-rotation
- posted: 2026-07-23T04:03:50.109Z