On Wednesday, Arm Holdings announced a reduction in its full-year performance forecast, indicating that it will no longer attain the previously projected peak figures, despite the third quarter's revenue growth surpassing analysts' expectations. According to financial reports, Arm's total revenue for the third fiscal quarter amounted to $983 million, marking a 19% year-on-year increase. Following this announcement, Arm's share price declined by approximately 6% during after-hours trading.
