- Entry
- $123.70
- Final
- $359.08 +190.3%
- Target
- —
- Score
- +1.00
ARM doesn't make chips. They license the blueprints and collect 1-2% royalties on every chip shipped. 55% of revenue comes from royalties, with nearly 100% margins. A perfect tollbooth business, and the take rate is growing with newer architecture. **The Moat** * 99% of smartphones run ARM architecture * Lock-in is brutal: Apple spent billions switching MacBooks from Intel to ARM * Intel burned billions trying to enter mobile, gave up in 2016 **Growth** * Cloud share went from 9% …
— ORIGINAL POST ·
Why I think ARM is going to dominate in the AI inference future
· r/stocks
· Feb 9, 2026