A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoUK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025, the report said. Mass production will be handled by contract manufacturers and is expected to start in the autumn of 2025, Nikkei Asia said.
Arm will pay for initial development costs, which may total hundreds of billions of yen, with SoftBank also contributing, the report said. Once a mass-production system is established, the AI chip business could be spun off and placed under SoftBank, the newspaper said, adding that SoftBank is already negotiating with Taiwan Semiconductor Manufacturing Corp market, where operators are looking to build their own chips to power new AI models and reduce their reliance on dominant supplier Nvidia
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.when it reports earnings on Monday. Investors are eagerly awaiting clues about new growth investments as the company has ample liquidity and can monetise its huge holding in Arm, whose share price roughly doubled in February on excitement over AI.
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