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Namrata Sen

Arm Sees 14-Fold Growth In Data Center Customers Since 2021 Amid Strategic Expansion To PC Market: Report

United States Nasdaq Rene Haas Holdings Intel Corporation

Konskie,,Poland,-,November,12,,2024:,Arm,Holdings,Company,Logo

Arm Holdings (NASDAQ:ARM) has witnessed a significant surge in the number of customers using its chips in data centers, a 14-fold increase since 2021. This growth is attributed to the company’s strategic expansion into the PC market and the rising demand for AI computing.

What Happened: The number of customers using Arm-based chips in data centers has soared to 70,000, a 14-fold increase since 2021, the company told Reuters. This growth has been under the leadership of CEO Rene Haas.

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