Rene Haas, Arm's CEO, cited billions of dollars in planned data center spending from Google for $75 billion, Microsoft for $80 billion and Meta for $60 billion as an opportunity for Arm earlier this month.
"No one is pulling back," Hass said earlier this month on an earnings call.
Arm is also a technology partner of the Stargate initiative, which plans to spend as much as $500 billion building AI infrastructure for OpenAI.
Arm declined to comment, and Meta did not respond to CNBC's request for comment.