Arm (ARM) plans to launch its own chip this year after securing Meta (META) as one of its first customers, in a radical change to the SoftBank (SFTBY)-owned group’s business model of licensing its blueprints to the likes of Apple (AAPL) and Nvidia (NVDA), Financial Times’ Tim Bradshaw and David Keohane report. Rene Haas, Arm chief executive, will unveil the first chip that it has made in-house as early as this summer, according to people familiar with the plans.
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