Arm CEO Says $15B Revenue Goal from In-House Chips Will Beat End-of-Decade Target

Arm Holdings (ARM) Chief Executive Rene Haas said on Tuesday the company’s in-house chip revenue target of $15 billion will be achieved earlier than the previously set end-of-the-decade timeline, citing stronger-than-expected AI-driven demand. Speaking on the sidelines of Computex in Taipei, Haas told Bloomberg Television he is "very confident" in reaching the milestone sooner. Arm's first self-branded processor, named AGI CPU, will be manufactured by Taiwan Semiconductor Manufacturing Co. (TSM) and Meta (META) was named as its first major customer. The chip features up to 136 cores and consumes around 300 watts, designed to handle workloads alongside accelerators from firms like Nvidia (NVDA). The company’s push into selling its own chips, announced in March 2026, marks a strategic shift from its traditional licensing model. Haas reiterated the move responds to surging client demand as data center and AI infrastructure buildout accelerates globally.