Arm vs iPronics

Arm announces earnings release date for second quarter fiscal year ending 2027

Arm has announced the earnings release date for its second quarter fiscal year ending 2027, as highlighted in the latest newsroom update.

PATEO Signs MoU with Arm for Automotive Physical AI

PATEO, a Chinese Tier 1 automotive supplier, signed a strategic Memorandum of Understanding (MoU) with Arm to advance innovation in physical AI, focusing on next-generation AI-enabled workloads for automotive, including perception-driven and interaction-driven intelligence. The collaboration aims to strengthen innovation in intelligent vehicles and physical AI, supporting PATEO's integrated 'Software, Hardware, Chip, and Cloud' strategy. PATEO's AI-related business generated approximately RMB 209 million in revenue in H1 2026, a year-on-year growth of 588.6%. The company is building capabilities towards 'AI-Defined Vehicles' and emphasizes open ecosystem collaboration to accelerate commercialization.

• PATEO signed a strategic MoU with Arm to advance physical AI innovation.
• The collaboration focuses on next-generation AI-enabled automotive workloads.
• PATEO's AI-related business revenue reached roughly RMB 209 million in H1 2026, up 588.6% YoY.

Arm CEO Confident $2B AI CPU Revenue Goal Achievable

Arm Holdings CEO Rene Haas told CNBC's Jim Cramer on September 16, 2026, that the company is increasingly confident it can meet Wall Street's $2 billion revenue target for its new in-house data center CPU, the AGI CPU. The demand for the chip has been strong, but investors have focused on Arm's ability to secure sufficient manufacturing capacity to convert that demand into revenue. Haas noted that confidence in achieving the $2 billion figure has grown from May to July and further strengthened by September. The AGI CPU marks a significant expansion of Arm's business model, moving from licensing chip designs to selling complete chips. Arm first disclosed $2 billion in demand in May, double its initial $1 billion outlook, but maintained a conservative official outlook until supply confidence improved. Shares have declined about 45% from their June high after a parabolic run earlier in the year.

• Arm Holdings CEO Rene Haas expressed increased confidence in meeting a $2 billion revenue goal for its AGI CPU data center chip.
• The $2 billion target is double the $1 billion demand Arm initially outlined in March 2026.
• Arm's stock fell 10% after maintaining a $1 billion revenue outlook due to supply concerns in May.

iPronics Raises $125M from Nvidia and Others

iPronics, a Spanish photonics startup based in Valencia, has raised $125 million (€107.57 million) in a Series B round co-led by Maverick Silicon and Light Street Capital, with participation from Nvidia and other investors. The company develops optical circuit switches (OCS) for AI data centers, offering low-latency, power-efficient network reconfiguration to improve GPU utilization and address bandwidth constraints. Total funding now stands at $177 million (€152.3 million), which will be used to shrink hardware by 20x, scale operations, and accelerate commercial rollout. iPronics, a spin-off from the Technical University of Valencia, has opened an office in Santa Clara, California, and partnered with Fabrinet for manufacturing. CEO Christian Dupont will lead commercialization, while CTO Daniel Pérez-López highlights growing demand for self-reconfiguring networks, positioning iPronics as a key player beyond Google's in-house optical switching.

• iPronics raised $125 million (€107.57 million) in Series B funding, co-led by Maverick Silicon and Light Street Capital.
• Nvidia participated in the round, bringing total funding to $177 million (€152.3 million).
• The company's optical circuit switch enables sub-300 microsecond reconfiguration and improves GPU utilization.