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# Arm’s gains are SoftBank’s gains

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

SoftBank's fortunes are turning around thanks to Arm's strong performance in the chip market, earning billions in revenue and profits. Arm's success is driven by the increasing demand for its AI chips, which are being used by major tech companies like Microsoft and Amazon.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/02/08/arms-gains-are-softbanks-gains/>

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Tags: [#ai](https://daily.dev/tags/ai), [#arm](https://daily.dev/tags/arm), [#enterprise](https://daily.dev/tags/enterprise), [#hardware](https://daily.dev/tags/hardware), [#softbank](https://daily.dev/tags/softbank), [#tech-news](https://daily.dev/tags/tech-news)

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