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Arm secures Meta as first customer for ambitious new chip project, FT reports

Arm's shares increased by 5% after reports of securing Meta as its first customer for a new chip.
The first Arm chip will be a central processing unit for large data center servers, set to be unveiled this summer, according to the Financial Times.
Producing its own chip signifies a significant shift from Arm's traditional business model of licensing designs to companies.
Masayoshi Son of SoftBank aims for Arm to produce chips, potentially competing with Intel and Advanced Micro Devices in the AI infrastructure market.

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ARM will create its AI chip and Meta could be the first customer

Although not seen directly, ARM has a unique position in the chip and technology market. This company sells the design of its chips to major manufacturers, but...

7 days ago·Portugal

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The Information

Arm to Launch Its Server Chip With Meta Platforms This Year

SoftBank-owned Arm has signed up Meta Platforms as a customer of a new server chip for cloud and artificial intelligence computing, the Financial Times reported . The chip wouldn’t compete directly with AI chips from Nvidia and AMD, but it would compete with chips made by customers like Amazon Web Services. The Arm server chip will use technology from Ampere Computing, a chip startup led by

8 days ago

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Reuters

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Arm secures Meta as first customer for ambitious new chip project, FT reports

Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first customers, in a major shift to the chip tech provider's model of licensing its blueprints to other companies, the Financial Times reported on Thursday, sending its U.S.-listed shares up about 5%.

8 days ago·United Kingdom

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