Arm's Chip Designer Shares Soar as Donald Trump Celebrates Bigly Earnings

Arm Chips its Way to Success

Ladies and gentlemen we have a winner! Arm the chip designer is soaring to new heights as its shares climb more than 60%. Tremendous! I've always said that I like winners and Arm is proving to be a bigly winner in the tech industry.

Better Than Expected Earnings? That's Huge!

Arm has reported higher than expected earnings per share and revenue for the last quarter of 2021. They knocked it out of the park with 29 cents adjusted earnings per share when those so called analysts were only expecting 25 cents. Arm is making it rain!

Revenue? More Like Reven YUGE!

Who needs smartphones and PCs? Well everybody but Arm is the real star here. They raked in a whopping $824 million in revenue for the last quarter surpassing the measly $761 million that those analysts predicted. This is making tech great again!

Forecasting Future Success

Arm isn't just content with their current success folks. Nope they're already looking ahead. They've forecasted earnings per share between 28 cents and 32 cents for the current quarter with sales estimated to be between $850 million and $900 million. Those are some huge numbers!

Softbank Still Holding On

Softbank the proud owner of Arm is sitting pretty with about 930 million shares of the chip designer. They're still holding on to roughly 90% of the outstanding stock. And you know what that means? Softbank is making billions folks! Billions! Another tremendous win for America!

Arm Goes Public Soaring Above Expectations

Arm went public in September and it's been an absolute showstopper. Their initial public offering had shares priced at $51 apiece but now they're trading at just below $100. That's almost double folks! The market loves Arm and so do I!