Arm is challenging Intel and AMD: 60 percent target in cloud servers

Arm said it expects its share of server processors at major cloud providers to exceed 60% by year-end, as AI infrastructure spending intensifies competition with Intel and AMD. The UK chip designer reported record revenue but a sharp decline in net profit, without disclosing specific figures in the excerpt. The target underscores how Arm's licensing model is gaining ground in data centers traditionally dominated by x86 chips from Intel and AMD. Investors will watch whether cloud providers keep shifting toward Arm-based designs and how Intel and AMD respond in their next earnings reports.