Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026

Name: Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026
Uploaded: 2026-05-10T05:50:48.853Z
Duration: 44 min 9 s
Channel: Bloomberg Technology
Description: Bloomberg’s Caroline Hyde speaks with Arm CEO Rene Haas about sluggishness in the smartphone industry and growing demand from AI data centers. Plus, Anthropic signs an agreement with Elon Musk's SpaceX to access computing resources from its competitor. And, the CEO of HawkEye 360 discusses the sa...

By Bloomberg Technology

Categories: Startup, VC, AI

Transcript Excerpt

♪ ANNOUNCER: "BLOOMBERG TECH" IS LIVE FROM COAST TO COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: COMING UP, SOME SLUGGISHNESS IN THE SMARTPHONE INDUSTRY BUT AI DENNIS UNDERGROWTH IS OFF THERE THAT THERE TO OFFSET. ANTHROPIC SIGNED AN AGREEMENT SPACEX TO ACCESS COMPUTER RESOURCES FROM ITS COMPETITOR. AND A SATELLITE SURVEILLANCE FIRM RAISES $460 MILLION IN FIVE. BUT FIRST, WE CHECK IN ON THESE MARKETS AND MANAGED TO SUSTAIN THE RALLY. A NEW RECORD HIGH, IMPORTANT...