- UK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025
- Bets that Arm will benefit from a surge in AI computing have doubled the chipmaker’s share price since its initial public offering last September, giving it a market value of more than $100 billion.
U.K.-based Arm plans to create an AI chip division that will develop prototypes by spring 2025. It is expected to begin in the fall of 2025, and large-scale production will go to contract manufacturers.
The purpose of developing AI chips
Arm , a semiconductor IP provider, has established a new microprocessor design, manufacturing and sales business model through the sale of chip technology licences. ARM has been expanding into the data centre market, powered by new AI models and less reliant on dominant supplier NVIDIA, having secured funding through royalties and pursued development vigorously. Thereby reducing costs, minimizing risks and facilitating. Opened the door to world visibility for itself. Also, For technological innovation to grab a more favourable position in the 6G era. To know the significance of technology leadership, become the world’s top technology company, leading the development of science and technology has taken a qualitative leap forward.
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Change in arm’s share price
Since its initial public offering last September, ARM’s market share price has doubled to a market capitalisation of more than $100 billion. making it the largest IPO in the U.S. since November 2021, and the largest IPO in the world in terms of fundraising since Porsche’s listing in Frankfurt in September 2022. But arm stock may be losing money, according to SoftBank’s ,an integrated venture capital firm earnings report on Monday. The company has the advantage of ample liquidity to monetise its shares
