On June 2, Haas, CEO of Arm (ARM.O), stated that driven by strong demand from the AI boom, the company may achieve its $15 billion sales target for proprietary chips earlier than expected. He had previously indicated that this goal would be reached by the end of this decade, but revealed on Tuesday that due to a surge in demand from the data center and AI services industries, the company is expected to reach this milestone ahead of schedule. Additionally, Meta will become the first major customer for Arm's AGI CPU chips.
