Bank of America (BofA) and BAML project that ARM Holdings will significantly benefit from the rise of AI PCs, with its market share of total PC CPUs expected to increase from 2% in 2020 to 12% by 2026. This growth is anticipated to come at the expense of incumbents AMD and Intel. The BofA team predicts that the AI PC market will drive the next phase of growth in the PC market, pushing total addressable market (TAM) estimates 3-10% ahead of consensus for 2024-2028.
big call on AI PCs to usher in next leg of PC market growth, taking PC TAM estimates 3-10% ahead of consensus in 2024-28: MS
The BofA team anticipates that $ARM will make strides in AI PC market, with its unit share going up to perhaps 12% in calendar 2026 from 2% in calendar 2020. Those share gains would come at the expense of incumbents $AMD and $INTC
The BofA team anticipates that Arm will make strides in AI PC market, with its unit share going up to perhaps 12% in calendar 2026 from 2% in calendar 2020. Those share gains would come at the expense of incumbents $AMD and $INTC
Bank of America discusses implications of AI PC war on chipmakers https://t.co/6oeho4WFao https://t.co/qCmtPBbjDf
BAML believes $ARM is a top beneficiary of AI PCs They see ARM getting to 12% share of total PC CPUs in 2026, up from 2% in 2020 https://t.co/S6jQLd1k32