Arm Holdings plans to enter chip manufacturing, targeting data centers, with Meta as its first customer.

Arm Holdings' stock surged as reports indicated the company plans to launch its first in-house chip this year, with Meta Platforms as its first customer. Traditionally licensing chip designs, Arm's new move signals a shift into direct competition with companies like Qualcomm and Nvidia. The chip, designed for large data center servers, will be outsourced for production. This strategic change could open new growth opportunities but may affect relationships with current licensing partners.

5 weeks ago
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