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Stock impact report

Arm is releasing the first in-house chip in its 35-year history [Yahoo! Finance]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: Yahoo! Finance
SoftBank Group Corp. agreed to buy ARM Holdings Plc for 24.3 billion pounds ($32 billion), securing a slice of virtually every mobile computing gadget on the planet and future connected devices in the home. Photographer: Chris Ratcliffe/Bloomberg via Getty Images | Image Credits:Ratcliffe/Bloomberg via Getty Images / Getty Images Storied semiconductor and software company Arm Holdings is starting to make its own chips after nearly 36 years of licensing its designs to companies like Nvidia and Apple. At an event Tuesday in San Francisco, the company revealed the Arm AGI CPU , a production-ready chip built for running inference in an AI data center. The UK-based company developed the chip using its Arm Neoverse family of CPU IP cores and through a partnership with Meta. Meta is also the chip's first customer of the Arm AGI CPU, which is designed to work harmoniously with the tech company's training and inference accelerator. Arm also counts OpenAI, Cerebras, and Cloudflare, among Show less Read more
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