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Snowcap Compute, which is working on building AI computing chips using superconducting tech, raised a $23M seed and says Pat Gelsinger will join its board (Stephen Nellis/Reuters)

Stephen Nellis / Reuters : Snowcap Compute, which is working on building AI computing chips using superconducting tech, raised a $23M see...

8 November 2023

Arm reports Q2 revenue up 28% YoY to $806M, vs. $744.3M est., and license revenue up 106% YoY to $388M, but its Q3 guidance falls short of expectations (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Arm reports Q2 revenue up 28% YoY to $806M, vs. $744.3M est., and license revenue up 106% YoY to $388M, but its Q3 guidance falls short of expectations  —  - Arm reported second fiscal quarter earnings on Wednesday.  — It's the semiconductor technology company's first report since its September IPO.

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