Haas says Arm AGI CPU orders have exceeded $1B with line of sight to $2B, driven by agentic workload demand.
when we talked about the arm AGI CPU back in March, uh, we talked about a billion dollars of orders and uh, and hoping for more. And then incrementally, we've not only exceeded that $1 billion number, but now we have line of sight to two billion dollars. And that's really driven by demand for agentic workloads, which are CPU bound, CPU driven.
Haas says data center buildout is happening at unprecedented speed and the industry must do better at winning over local communities and officials.
We've never seen a build out of data centers from an infrastructure standpoint at the speed that we've seen recently and all driven by huge demand for compute. And I think it means as an industry, we've just got to get better at getting communities on board, uh local officials on board, uh in terms of building out these large projects.
Haas says Stargate continues strongly with no retreat, and compute demand exceeds supply amid build constraints.
No, not at all. I mean the start the Stargate initiative continues in a very, very strong way. Uh, but data centers are hard to build. Uh, there's a lot of people that are required, uh, there's permitting, infrastructure, uh materials, memory, wafers, chips. Uh and right now, what we're seeing, and I think you've heard this from most of the CEOs you've talked to, uh demand uh for compute exceeds supply.
Haas predicts Arm's data center business will surpass its smartphone business next year.
next year, our data center business including our AGI CPU, will be bigger than our business for smartphones. And people didn't think that was possible a few years ago.
Haas is skeptical about space data centers, saying they are unlikely within five years and possible only on a 10-year horizon once power becomes the main constraint.
Uh do I think we'll see data centers in space in two years? No. Three years? No. Five years, probably not. 10 years, maybe so.
Rene Haas says the recent tech selloff reflects short-term post-midterm thinking that ignores AI's large long-term economic potential.
Haas said the recent tech selloff reflects short-term thinking that follows the US midterm elections. In his view, that thinking overlooks the large long-term economic potential of artificial intelligence.