AMD, Intel in the limelight that arm said to secure meta as chip project customer

Shares of AMD (AMD) and Intel (INTC) is in the limelight Thursday after a news report that says Arm (Arm) Planning to launch his own chip in years after fuse Meta (Meta) as one of its first customers. This is a radical change of softbank (Sftby) -owned group’s business model to licensing its drawings to them as Apple (AAPL) and nvidia (NVDA), Financial Times’ Tim Bradshaw and David Keohane Report. Rene Haas, Arm-Manager Director, reveals the first chip it has made internally already this summer, according to people who are familiar with the plans. Arm’s chip is expected to be a central treatment unit for servers in large data centers and is built on a base that can then be adapted to clients, including meta, according to those who are familiar with the plans. Production will be outsourced to a manufacturer like TSMC (TSM), said these people. In the afternoon trading, arm shares have obtained over 45 to $ 162.37, Intel’s share has come about 9% to $ 24.48, and AMD has slid approx. 1% to $ 111.02.

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