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Stock impact report

Arm releases first in-house chip, with Meta as debut customer [CNBC]

Cloudflare, Inc. Class A (NET) 
Last cloudflare, inc. class a earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: CNBC
Meta is the first official customer for the new chip, with seven other committed customers including OpenAI, Cloudflare and SAP. It represents a major shift in Arm's business model, from only licensing chip architecture to giants like Apple, Nvidia, Amazon and Google to competing with them in physical silicon. In this article For more than 35 years, Arm Holdings has licensed its instruction sets to the world's biggest chipmakers and collected royalties on every processor made with its designs. Now the U.K.-based company is making physical silicon of its own for the first time. Arm CEO Rene Haas unveiled his company's first in-house chip on Tuesday at an event in San Francisco. Arm is calling the new data center central processing unit the AGI CPU. It's a long-anticipated move that marks a major change for the so-called Switzerland of chip firms as it enters into fresh competition with its customers. Meta is the first to sign on, as the social media company builds out multip Show less Read more
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