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Results for "Arm Holdings"

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Arm Unveils First In-House AI Chip, Stock Rises
BusinessReutersNYTcnbc+2Yahoochannel-news-asia24m ago5 sources

Arm Unveils First In-House AI Chip, Stock Rises

Arm has unveiled its first in-house AI chip, signaling a shift in strategy to sell its own computer chips for AI data centers, with its shares rising 13% in premarket trading following the announcement.

Arm's New AI Chip Expected to Drive Billions in Annual Revenue
TechnologybloombergFTcnbc+7el-mundopublicoYahoostraits-timesKorea Heraldchannel-news-asiaseeking-alpha1h ago10 sources

Arm's New AI Chip Expected to Drive Billions in Annual Revenue

SoftBank-owned tech group Arm has launched its first in-house AI data center chip, the AGI CPU, securing Meta as an initial customer and marking a historic shift in its business model, with expectations for the new chip to generate billions in annual revenue.

Malaysia’s Arm chip deal probe turns political as ex-aide says: ‘I am not Jho Low 2.0’
BusinessSCMP20d ago

Malaysia’s Arm chip deal probe turns political as ex-aide says: ‘I am not Jho Low 2.0’

Malaysia’s anti-corruption investigation into a flagship chip-design deal with Britain’s Arm Holdings took a more combustible turn on Thursday after a former government aide declared: “I am not Jho Low 2.0.” The remark – invoking the fugitive financier at the centre of Malaysia’s 1MDB scandal – came as the country’s anti-corruption agency pushed back against his claims and allies of Prime Minister Anwar Ibrahim warned the investigation risked appearing heavy handed. The dispute has dragged on...