Arm Holdings Aims for Over 50% of Windows PC Market in Five Years, Shares Rise

Jun 3, 2024, 02:12 PM

Arm Holdings aims to capture over 50% of the Windows PC market within the next five years, according to CEO Rene Haas. This ambitious goal comes as Microsoft and its hardware partners plan new PCs based on ARM technology. The move follows Microsoft's recent announcement of AI-capable PCs designed to compete with Google and Apple. Arm's market share in Windows could significantly increase as Microsoft commits to ensuring programs run well on Arm-based chips. Shares of Arm rose by 2.5% in pre-market trading following the announcement. The announcement was made during Computex 2024, and Arm's shares jumped by 5.48% today. The news was reported by Reuters.