Arm Holdings, a leading chip technology licensor, announced that it will not meet the upper end of its full-year guidance despite surpassing earnings expectations for the latest quarter. Following this announcement, Arm's shares fell by 6%. In an earnings call, the company's CEO highlighted its emerging role in the agentic AI sector, particularly through initiatives such as Stargate and Crystal Intelligence, which involve partnerships with key industry players. The Stargate project is set to receive an immediate investment of $100 billion, with a total investment projected to reach $500 billion over time, marking it as a significant infrastructure project in the United States. However, the company is experiencing challenges, including sluggish growth in the smartphone sector, which has raised concerns among analysts and investors.