Arm Shares Rise 6% Pre-Market After Qualcomm Raises Long-Term Revenue Targets
2026-06-25 16:08:12
Arm, a supplier to Qualcomm, rose 6% in U.S. pre-market trading after Qualcomm raised its long-term revenue targets for its data center and non-handset businesses. According to Jin10, the move followed Qualcomm’s update to its longer-term goals for revenue growth outside smartphones, including data center-related operations.
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