Meta Becomes Arm Holdings’ First Chip Buyer, FT Confirms

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Meta Becomes Arm Holdings’ First Chip Buyer, FT Confirms

Feb 14 – Arm Holdings’ (ARM, Financial) financial segment secured Meta (META, Financial)

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, according to the Financial Times. The stock market showed a rise in Arm shares by nearly 6%, while Meta’s stock dropped by 0.3% on Thursday. Semiconductor designer Arm Holdings operates from the *** under Chief Executive Rene Haas and plans to launch its new central processing unit this summer. Multiple industry sources suggest that Arm Holdings moves forward with its new chip development approach as it seeks to buy private Ampere Computing while Oracle (ORCL, Financial) stands among its investor base.

While SoftBank (SFTBY, Financial) has the majority ownership of Arm, it has the potential to be a competitor to some of Arm’s licensees. The MI325 device helps AMD (AMD, Financial) increase its market share, and Nvidia (NVDA, Financial) relies on Arm’s intellectual property to manufacture customized chips that power 70% of the AI accelerator market. Haas and SoftBank co-founder Masayoshi Son’s leaders are leading the path in helping Arm to continue to produce self-made processors to help the chip market stay competitive in the ever-changing scene of semiconductors, generating more revenue at the same time.

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