BHI 3.0·Q1 2026 Bulletin
Last computed 14:32 UTC, Apr 29 2026·Spearman ρ = 0.83·Validation: preliminary
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Movers · since 14:32 UTC, Apr 29 2026
PLATFORM PROFILEARM

ARM Holdings

$130B95% mobile processorsCritical Infrastructure
4.23
B-index (V3.1)
BLACK HOLE
Capture1.471
Escape0.348
Key Structural Insight

ARM does not make chips. It makes the blueprint everyone uses. Switching to RISC-V requires rebuilding an entire software ecosystem.

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth6/10
Memory7/10
Action7/10
Process9/10
Network9/10
Closeness7/10
Portability3/10
Substitutability3/10
Human Fallback4/10
Org Depth8/10
Momentum6/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.7211CES(d, m, a, p)
Knowledge synergy σₖ0.6481√(d · m)
Operability synergy σₒ0.7937√(a · p)
Synergy boost1.21631 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.40001 + 0.5·o
Momentum multiplier1.18001 + 0.3·t
Total Capture1.4705c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.3317CES(x, s, h)
Feedback attenuation0.7476max(0.3, 1 − 0.35·core)
Total Escape0.3480ε + escCore · feedback
B = Capture / Escape4.231.471 / 0.348

Scoring Rationale

Architecture in 95% of mobile processors. Apple Silicon, Qualcomm, MediaTek all license ARM. RISC-V growing but ecosystem 15-20 years behind. Licensing model means every chip designer pays ARM.

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE7
+1.21
PORT3
-0.65
SUB3
-0.65
FALL4
-0.56
DATA6
+0.46
ACT7
+0.43
MEM7
+0.42
PROC9
+0.37
ORG8
+0.30
NET9
+0.29
MOM6
+0.21
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsCritical Infrastructure (5 peers)

#PlatformTickerB-indexZone
01Synopsys/Cadence (EDA Duopoly)SNPS/CDNS12.97BLACK HOLEProfile →
02Foxconn2317.TW5.65BLACK HOLEProfile →
03Deere & CompanyDE4.68BLACK HOLEProfile →
04CorningGLW3.84BLACK HOLEProfile →
05LindeLIN3.53BLACK HOLEProfile →