[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-arm-stock-is-down-8-last-week-what-does-lam-research-have-to-do-with-it-ZH":150},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[],{"post":151,"seo":186,"relatedPosts":192,"suggestedPosts":272},{"id":152,"title":153,"date":154,"modified":155,"excerpt":156,"content":157,"wordCount":158,"lang":159,"uri":160,"slug":161,"cloudinaryAssetId":-1,"featuredImageOriginalUrl":162,"featuredImageMetadata":163,"author":166,"editor":172,"categories":177,"relatedPosts":183,"seo":184},145208,"Arm股价上周下跌8%。这与Lam Research有何关联？","2026-10-25T15:40:56","2026-10-25T19:15:47","\u003Cp>Arm股价单日下跌7.28%，因Lam Research的供应预警冲击芯片股。同样的瓶颈也限制了Arm价值20亿美元的AGI CPU需求渠道。\u003C\u002Fp>","\u003Ch2 id=\"h-key-takeaways\" class=\"wp-block-heading\">核心要点\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>截至10月23日，Arm股价在过去一周下跌7.8%，收于210.33美元，其中10月22日单日下跌7.28%，几乎贡献了全部跌幅。\u003C\u002Fli>\n\n\n\n\u003Cli>在费城半导体指数单日下跌6.72%之前，Lam Research警告称供应限制影响了其86亿美元（12月季度）的业绩指引。\u003C\u002Fli>\n\n\n\n\u003Cli>华尔街对其每股收益（EPS）的预估从2027财年的2.23美元攀升至2030财年的6.13美元。\u003C\u002Fli>\n\n\n\n\u003Cli>Arm将于11月4日发布2027财年第二季度财报，其指引为营收13.8亿美元，每股收益0.47美元。\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>Arm Holdings (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=667281196&tid=1855493452&ref=q2enxr\">ARM\u003C\u002Fa>)\u003C\u002Fstrong> 股价在过去一周下跌了7.8%，于10月23日收于210.33美元。几乎所有的跌幅都发生在一个交易日：10月22日，在芯片设备制造商 \u003Cstrong>Lam Research (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=30655&tid=2625662&ref=q2enxr\">LRCX\u003C\u002Fa>)\u003C\u002Fstrong> 发布供应警告拖累整个半导体板块后，Arm股价下跌7.28%，收于210.10美元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Lam的警告内容与Arm无关。但Lam所描述的问题——供应不足以满足芯片需求——正是Arm管理层在7月份指出的限制其最新业务发展的同一因素。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-arm-stock-s-week-came-down-to-one-thursday\" class=\"wp-block-heading\">Arm股价的一周走势取决于一个周四\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">前三个交易日走势平淡。Arm股价周一维持在220美元高位附近，周二小幅下滑至220美元低位，随后在10月21日周三随纳斯达克指数和芯片股反弹回升至226.59美元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">随后Lam发表了言论。在其\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Ftranscript?cid=30655&tid=2625662&e=2023992831&ts=3831385&ref=q2enxr\">10月21日的财报电话会议\u003C\u002Fa>上，首席财务官Doug Bettinger表示，若非受到近期供应链限制的影响，Lam对12月季度86亿美元的营收指引本可以略高一些。到次日收盘时，费城半导体指数已 \u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Famd-stock-fell-8-in-a-day-as-lam-researchs-supply-warning-sank-chip-stocks-heres-where-the-stock-could-go-by-2030\">下跌6.72%\u003C\u002Fa>，而Arm 7.28%的跌幅略大于该指数。周五仅微涨0.23美元。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"1120\" height=\"742\" data-public-id=\"images\u002Fimage-598_1452104131b\u002Fimage-598_1452104131b.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1120,h_742,c_scale\u002Ff_webp,q_auto\u002Fv1792942037\u002Fimages\u002Fimage-598_1452104131b\u002Fimage-598_1452104131b.png?_i=AA\" alt=\"ARM Stock Price: 1-Week (TIKR)\" class=\"wp-post-145208 wp-image-145210\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1792942037\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1792942037\u002Fimages\u002Fimage-598_1452104131b\u002Fimage-598_1452104131b.png?_i=AA 1120w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_199,c_scale\u002Ff_webp,q_auto\u002Fv1792942037\u002Fimages\u002Fimage-598_1452104131b\u002Fimage-598_1452104131b.png?_i=AA 300w\" sizes=\"auto, (max-width: 1120px) 100vw, 1120px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">ARM股价：1周走势 \u003Cstrong>(TIKR)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Ch2 id=\"h-why-a-supplier-s-warning-lands-on-arm-stock\" class=\"wp-block-heading\">为何供应商的警告会波及Arm股价\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Arm上一次的财报为股价提供了坚实的支撑。2027财年第一季度营收达到12.9亿美元，同比增长22%，数据中心特许权使用费较上年同期增长超过一倍。非美国通用会计准则（Non-GAAP）每股收益增长29%至0.45美元，高于Arm自身指引区间的上限。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">较新的故事是关于Arm AGI CPU，这是Arm自行销售的芯片，而不仅仅是授权设计。Arm表示，它已为2027财年和2028财年总计10亿美元的商业机会确保了制造产能，而目前客户需求已超过20亿美元。供应是横亘在这两个数字之间的障碍。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">“整个市场，所有环节都非常、非常、非常紧张，”首席执行官Rene Haas在\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Ftranscript?cid=667281196&tid=1855493452&e=2009519724&ts=3773764&ref=q2enxr\">2027财年第一季度财报电话会议\u003C\u002Fa>上表示，并指出了内存、测试设备、基板和台积电晶圆等环节。他表示，Arm对确保更多供应的信心在过去90天内有所增强，首席财务官Jason Child则表示，关于该芯片更全面的营收和利润率更新将在第三季度业绩发布时提供。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-tikr-tracks-44-analysts-on-arm-holdings-how-many-say-buy\" class=\"wp-block-heading\">\u003Cstrong>TIKR追踪44位分析师对Arm Holdings的看法。有多少人给出“买入”评级？\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">查看Arm Holdings的买入、持有和卖出评级的完整细分，以及华尔街的营收和收益预估，全部集中在一处。超过50万投资者使用TIKR来研究像这样的股票。 \u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">查看Arm Holdings的分析师评级\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-growth-analysts-have-built-into-arm-stock\" class=\"wp-block-heading\">分析师为Arm股价构建的增长预期\u003C\u002Fh2>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"1116\" height=\"742\" data-public-id=\"images\u002Fimage-599_145211efed7\u002Fimage-599_145211efed7.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1116,h_742,c_scale\u002Ff_webp,q_auto\u002Fv1792942090\u002Fimages\u002Fimage-599_145211efed7\u002Fimage-599_145211efed7.png?_i=AA\" alt=\"ARM EPS Normalized Estimates: FY2027-FY2030 (TIKR)\" class=\"wp-post-145208 wp-image-145211\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1792942090\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1792942090\u002Fimages\u002Fimage-599_145211efed7\u002Fimage-599_145211efed7.png?_i=AA 1116w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792942090\u002Fimages\u002Fimage-599_145211efed7\u002Fimage-599_145211efed7.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_199,c_scale\u002Ff_webp,q_auto\u002Fv1792942090\u002Fimages\u002Fimage-599_145211efed7\u002Fimage-599_145211efed7.png?_i=AA 300w\" sizes=\"auto, (max-width: 1116px) 100vw, 1116px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">ARM每股收益（EPS）标准化预估：2027财年-2030财年 \u003Cstrong>(TIKR)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">华尔街的数字几乎没有给供应中断留下空间。分析师预计，截至2027年3月的财年，标准化每股收益为2.23美元，到2030财年将依次上升至3.07美元、4.05美元和6.13美元。同期营收预估将从60.6亿美元攀升至162.7亿美元。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"1120\" height=\"744\" data-public-id=\"images\u002Fimage-600_145212bcaaa\u002Fimage-600_145212bcaaa.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1120,h_744,c_scale\u002Ff_webp,q_auto\u002Fv1792942152\u002Fimages\u002Fimage-600_145212bcaaa\u002Fimage-600_145212bcaaa.png?_i=AA\" alt=\"ARM Revenue Estimates: FY2027-FY2030 (TIKR)\" class=\"wp-post-145208 wp-image-145212\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1792942152\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1792942152\u002Fimages\u002Fimage-600_145212bcaaa\u002Fimage-600_145212bcaaa.png?_i=AA 1120w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792942152\u002Fimages\u002Fimage-600_145212bcaaa\u002Fimage-600_145212bcaaa.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_199,c_scale\u002Ff_webp,q_auto\u002Fv1792942152\u002Fimages\u002Fimage-600_145212bcaaa\u002Fimage-600_145212bcaaa.png?_i=AA 300w\" sizes=\"auto, (max-width: 1120px) 100vw, 1120px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">ARM营收预估：2027财年-2030财年 \u003Cstrong>(TIKR)\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">根据我的计算，2027财年的营收预估意味着较去年49.2亿美元增长23.2%。这也意味着210.33美元的股价仍相当于2027财年每股收益预估的94.3倍和2028财年每股收益预估的68.5倍。在这样的估值倍数下，芯片量产延迟对股价造成的损失，远大于一个疲软的季度对估值较低的股票造成的影响。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-november-4-nbsp-report-that-tests-arm-nbsp-stock\" class=\"wp-block-heading\">11月4日的财报将考验Arm股价\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">Arm将于11月4日发布2027财年第二季度业绩。公司给出的指引是营收13.8亿美元（上下浮动5000万美元），非美国通用会计准则稀释后每股收益0.47美元（上下浮动0.04美元），特许权使用费收入同比增长低双位数。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">标题数字的重要性不如一句话。如果Arm仍然表示已锁定AGI CPU首批10亿美元营收的供应，并维持超过20亿美元的需求预期，那么上周的走势可解读为Arm被卷入的板块抛售。如果Arm下调其供应预期，则会增加其AGI CPU营收爬坡延迟的风险。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">高通案也构成了背景因素。 \u003Cstrong>Qualcomm (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=33493&tid=2641396&ref=q2enxr\">QCOM\u003C\u002Fa>)\u003C\u002Fstrong> 在上一财年约占 \u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fqualcomm-waits-on-a-jury-arm-has-a-443-million-customer-on-the-line\">Arm营收的4.43亿美元\u003C\u002Fa>，而法官Maryellen Noreika仍需裁定10月13日陪审团作出的违约认定是否允许高通停止支付五年的特许权使用费。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-so-what-is-arm-stock-actually-worth\" class=\"wp-block-heading\">\u003Cbr>那么Arm股票的实际价值是多少？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\" id=\"h-so-what-is-name-stock-actually-worth\">\u003Cbr>TIKR让您在一分钟内预测任何股票的未来价格。只需在TIKR的估值模型中输入几个假设，即可查看ARM股票的可能价值。可以从华尔街共识预估开始，或调整输入参数以反映您自己对业务的看法。免费使用。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">免费为Arm Holdings plc估值\u003Cstrong>\u003Cem>→\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-disclaimer\" class=\"wp-block-heading\">免责声明：\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>请注意，TIKR上的文章并非TIKR或我们的内容团队提供的投资或财务建议，也不是买入或卖出任何股票的建议。我们根据TIKR Terminal的投资数据和分析师预估来创建内容。我们的分析可能未包含近期的公司新闻或重要更新。TIKR未持有任何提及股票的头寸。感谢阅读，祝您投资愉快！\u003C\u002Fem>\u003C\u002Fp>",908,"zh","\u002Fblog\u002Farm-stock-is-down-8-last-week-what-does-lam-research-have-to-do-with-it","arm-stock-is-down-8-last-week-what-does-lam-research-have-to-do-with-it","https:\u002F\u002Ftikr1.wpengine.com\u002Fwp-content\u002Fuploads\u002F2026\u002F10\u002FFEATURED-IMAGE-MAKER-1894-600x400.png",{"altText":164,"imageCredit":165},"Arm Stock Is Down 8% Last Week. What Does Lam Research Have to Do With It?","Nickel_Bell from Getty Images and Изображения пользователя Axel Makhalov via Canva",{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":171},"Gian Estrada","giantikr","author","",[],{"name":173,"slug":174,"role":175,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":176},"David Hanson","davidtikr","editor",[],[178],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},"一般投资","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",0,[],{"title":164,"metaDesc":185,"opengraphDescription":185,"twitterTitle":164,"twitterDescription":185},"Arm stock fell 7.28% in one session as Lam Research’s supply warning hit chip stocks. The same bottleneck caps Arm’s $2 billion AGI CPU demand pipeline.",{"title":164,"description":185,"twitterTitle":164,"twitterDescription":185,"author":167,"articlePublisher":187,"articlePublishedTime":154,"articleModifiedTime":155,"twitterLabel1":188,"twitterData1":189,"ogTitle":164,"ogDescription":185,"ogUrl":160,"ogImage":162,"ogImageWidth":190,"ogImageHeight":191,"ogImageSecureUrl":162,"ogImageAlt":164,"twitterImage":162},"TIKR.com","预计阅读时间","1 minute",1200,630,[193,210,225,242,257],{"id":182,"title":194,"date":195,"excerpt":196,"wordCount":197,"uri":198,"slug":199,"cloudinaryAssetId":200,"featuredImageOriginalUrl":201,"featuredImageMetadata":202,"author":203,"categories":207,"relatedPosts":209},"联合健康集团股价上涨3.5%，因RBC给出498美元目标价，管理式医疗板块集体上扬","2026-10-25 18:44:00","财报超预期一周后，分析师们仍在争论估值倍数",721,"\u002Fblog\u002Funitedhealth-gains-3-5-on-rbcs-498-price-target-as-managed-care-stocks-rally","unitedhealth-gains-3-5-on-rbcs-498-price-target-as-managed-care-stocks-rally","images\u002FUnitedHealth-Stock\u002FUnitedHealth-Stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792780120\u002Fimages\u002FUnitedHealth-Stock\u002FUnitedHealth-Stock.png?_i=AA",{"altText":194},{"name":204,"slug":205,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":206},"Bobby Sankhagowit","bobby",[],[208],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":211,"date":212,"excerpt":213,"wordCount":214,"uri":215,"slug":216,"cloudinaryAssetId":217,"featuredImageOriginalUrl":218,"featuredImageMetadata":219,"author":220,"categories":222,"relatedPosts":224},"Meta股价一周内下跌9%。现在是卖出时机，还是应该加仓？","2026-10-25 17:20:00","总得有人为所有这些AI买单。",787,"\u002Fblog\u002Fmeta-just-dropped-9-in-a-week-is-it-time-to-sell-or-load-up","meta-just-dropped-9-in-a-week-is-it-time-to-sell-or-load-up","images\u002FNFLX-stock-Photodjo-from-Getty-Images-via-Canva_1438543d7b1\u002FNFLX-stock-Photodjo-from-Getty-Images-via-Canva_1438543d7b1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792699515\u002Fimages\u002FNFLX-stock-Photodjo-from-Getty-Images-via-Canva_1438543d7b1\u002FNFLX-stock-Photodjo-from-Getty-Images-via-Canva_1438543d7b1.png?_i=AA",{"altText":211},{"name":204,"slug":205,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":221},[],[223],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":226,"date":227,"excerpt":228,"wordCount":229,"uri":230,"slug":231,"cloudinaryAssetId":232,"featuredImageOriginalUrl":233,"featuredImageMetadata":234,"author":235,"categories":239,"relatedPosts":241},"Datadog一个月内上涨13%：获利了结，还是加仓买入？","2026-10-25 16:35:37","华尔街正大举涌入，而业绩指引留有超预期的空间",1109,"\u002Fblog\u002Fdatadog-just-gained-13-in-a-month-take-profits-or-buy-more","datadog-just-gained-13-in-a-month-take-profits-or-buy-more","images\u002FDDOG-stock-vkstudio-via-Canva\u002FDDOG-stock-vkstudio-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792700534\u002Fimages\u002FDDOG-stock-vkstudio-via-Canva\u002FDDOG-stock-vkstudio-via-Canva.png?_i=AA",{"altText":226},{"name":236,"slug":237,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":238},"Nikko Henson","nikkotikr",[],[240],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":243,"date":244,"excerpt":245,"wordCount":246,"uri":247,"slug":248,"cloudinaryAssetId":249,"featuredImageOriginalUrl":250,"featuredImageMetadata":251,"author":252,"categories":254,"relatedPosts":256},"美洲电信股价大涨6%，第三季度利润增长7%，盈利与营收均超预期","2026-10-25 16:30:00","汇率波动掩盖了更强劲的季度表现",825,"\u002Fblog\u002Famerica-movil-jumps-6-as-third-quarter-profit-rises-7-topping-earnings-and-revenue-estimates","america-movil-jumps-6-as-third-quarter-profit-rises-7-topping-earnings-and-revenue-estimates","images\u002FAMX-stock-Robert-Kneschke-via-Canva\u002FAMX-stock-Robert-Kneschke-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792700635\u002Fimages\u002FAMX-stock-Robert-Kneschke-via-Canva\u002FAMX-stock-Robert-Kneschke-via-Canva.png?_i=AA",{"altText":243},{"name":204,"slug":205,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":253},[],[255],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":258,"date":259,"excerpt":260,"wordCount":261,"uri":262,"slug":263,"cloudinaryAssetId":264,"featuredImageOriginalUrl":265,"featuredImageMetadata":266,"author":267,"categories":269,"relatedPosts":271},"甲骨文股票一年内下跌55%。是抄底良机还是价值陷阱？","2026-10-25 16:08:55","甲骨文股票一年内下跌了55%，却已连续四个季度超出每股收益预期。以15.5倍的市盈率来看，核心问题在于什么因素在制约其发展。",840,"\u002Fblog\u002Foracle-stock-is-down-55-in-a-year-bargain-or-value-trap","oracle-stock-is-down-55-in-a-year-bargain-or-value-trap","images\u002Fdoubtful-man-falling-red-chart\u002Fdoubtful-man-falling-red-chart","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792795469\u002Fimages\u002Fdoubtful-man-falling-red-chart\u002Fdoubtful-man-falling-red-chart.png?_i=AA",{"altText":258},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":268},[],[270],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],[273,293,308,323,338],{"id":182,"title":274,"date":275,"excerpt":276,"wordCount":277,"uri":278,"slug":279,"cloudinaryAssetId":280,"featuredImageOriginalUrl":281,"featuredImageMetadata":282,"author":283,"categories":287,"relatedPosts":292},"Meta股价在营收超预期后单日下跌7%。是时候卖出还是加仓？","2026-10-24 20:50:00","Meta营收超出预期，但受AI支出担忧冲击科技股影响，股价单日仍下跌7%。财报电话会议披露了Muse成本下降的具体数据。",995,"\u002Fblog\u002Fmeta-stock-fell-7-in-a-day-after-a-revenue-beat-time-to-sell-or-load-up","meta-stock-fell-7-in-a-day-after-a-revenue-beat-time-to-sell-or-load-up","images\u002F13-9_1449699b2ed\u002F13-9_1449699b2ed","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792852857\u002Fimages\u002F13-9_1449699b2ed\u002F13-9_1449699b2ed.png?_i=AA",{"altText":274},{"name":284,"slug":285,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":286},"Wiltone Asuncion","wiltonetikr",[],[288],{"name":289,"slug":290,"uri":291,"description":170,"postsCount":182},"股票评论","reviews","\u002Fblog\u002Fcategory\u002Freviews",[],{"id":182,"title":294,"date":295,"excerpt":296,"wordCount":297,"uri":298,"slug":299,"cloudinaryAssetId":300,"featuredImageOriginalUrl":301,"featuredImageMetadata":302,"author":303,"categories":305,"relatedPosts":307},"Netflix股价在2026年已下跌近30%。是时候卖出还是加仓？","2026-10-24 20:45:00","Netflix联席CEO表示，其美国剧集在2026年将实现\"二垒打和三垒打\"，而全球市场则需要\"本垒打\"。股价报65.85美元，估值更接近迪士尼而非Spotify，TIKR模型揭示了买家支付的对价。",1008,"\u002Fblog\u002Fnetflix-is-down-nearly-30-in-2026-time-to-sell-or-load-up","netflix-is-down-nearly-30-in-2026-time-to-sell-or-load-up","images\u002F12-9_144968b5caa\u002F12-9_144968b5caa","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792852841\u002Fimages\u002F12-9_144968b5caa\u002F12-9_144968b5caa.png?_i=AA",{"altText":294},{"name":284,"slug":285,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":304},[],[306],{"name":289,"slug":290,"uri":291,"description":170,"postsCount":182},[],{"id":182,"title":309,"date":310,"excerpt":311,"wordCount":312,"uri":313,"slug":314,"cloudinaryAssetId":315,"featuredImageOriginalUrl":316,"featuredImageMetadata":317,"author":318,"categories":320,"relatedPosts":322},"可口可乐股价在创下52周新高后次日下跌。以下是10月27日印度市场为何重要的原因","2026-10-24 20:40:00","可口可乐在10月23日市场普跌中下跌2.76%，此前一天其股价刚创下52周新高。其上份财报显示，亚太地区销量增长最为强劲，但在印度市场份额有所下滑，这将是10月27日（发布新财报时）需要关注的重点。",879,"\u002Fblog\u002Fcoca-cola-stock-fell-a-day-after-a-52-week-high-heres-why-india-matters-on-october-27","coca-cola-stock-fell-a-day-after-a-52-week-high-heres-why-india-matters-on-october-27","images\u002F11-10_14496728c3f\u002F11-10_14496728c3f","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792852801\u002Fimages\u002F11-10_14496728c3f\u002F11-10_14496728c3f.png?_i=AA",{"altText":309},{"name":284,"slug":285,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":319},[],[321],{"name":289,"slug":290,"uri":291,"description":170,"postsCount":182},[],{"id":182,"title":324,"date":325,"excerpt":326,"wordCount":327,"uri":328,"slug":329,"cloudinaryAssetId":330,"featuredImageOriginalUrl":331,"featuredImageMetadata":332,"author":333,"categories":335,"relatedPosts":337},"ServiceNow 欲成安全领域头号玩家 其77.5亿美元收购Armis的交易需在10月28日证明什么","2026-10-24 20:35:00","ServiceNow首席执行官表示，公司已成为第八大企业安全供应商，并立志成为行业第一。为实现这一目标进行的收购已对GAAP利润率造成压力，而10月28日将是他发表该言论后的首份财报发布日。",965,"\u002Fblog\u002Fservicenow-wants-to-be-no-1-in-security-heres-what-its-7-75-billion-armis-bet-must-show-on-october-28","servicenow-wants-to-be-no-1-in-security-heres-what-its-7-75-billion-armis-bet-must-show-on-october-28","images\u002F10-13_1449664c7d7\u002F10-13_1449664c7d7","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792852762\u002Fimages\u002F10-13_1449664c7d7\u002F10-13_1449664c7d7.png?_i=AA",{"altText":324},{"name":284,"slug":285,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":334},[],[336],{"name":289,"slug":290,"uri":291,"description":170,"postsCount":182},[],{"id":182,"title":339,"date":340,"excerpt":341,"wordCount":342,"uri":343,"slug":344,"cloudinaryAssetId":345,"featuredImageOriginalUrl":346,"featuredImageMetadata":347,"author":348,"categories":350,"relatedPosts":352},"艾伯维获FDA批准Skyrizi居家治疗克罗恩病。预计何时将体现在销售额中","2026-10-24 20:30:00","美国食品药品监督管理局于10月23日批准了Skyrizi用于克罗恩病的家庭诱导治疗，这比艾伯维公布第三季度财报早了一周。商业部门负责人杰夫·斯图尔特曾表示，完全付费准入通常需要60至90天，这意味着销售回报将指向2027年初。",914,"\u002Fblog\u002Fabbvie-won-fda-approval-for-at-home-skyrizi-starts-in-crohns-heres-when-it-should-show-up-in-sales","abbvie-won-fda-approval-for-at-home-skyrizi-starts-in-crohns-heres-when-it-should-show-up-in-sales","images\u002F9-14_14496561577\u002F9-14_14496561577","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1792852734\u002Fimages\u002F9-14_14496561577\u002F9-14_14496561577.png?_i=AA",{"altText":339},{"name":284,"slug":285,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":349},[],[351],{"name":289,"slug":290,"uri":291,"description":170,"postsCount":182},[]]