AI infrastructure spending reached $89.7 billion in the first quarter of 2026. Arm-based servers generated $53 billion in spending, surpassing x86-based systems which recorded $34.6 billion. IDC raised its full-year 2026 AI infrastructure forecast to $497 billion.
Arm shares fell more than 2% in pre-market trading on July 22. The decline followed a broader downturn across the technology sector. Investors secured profits after a recent rally and ahead of the company's earnings report on July 29.