Arm Enters the Chip Production! Meta -Confirmed as a Buyer of the First in-House Server Chip!

According to a report by the Financial Times, Arm Holdings (ARM) is set to produce its first proprietary chip and has already secured a high-profile customer from the technology sector in Meta Platforms (META). The stock price rose on Thursday, February 13, 2025, by over 6% to $164.83. Meta's shares remained largely unaffected by the news, closing trading at the previous day's level with a decline of 0.3%. The new CPU unit is expected to be unveiled in summer 2025 The UK-based company Arm is likely to present its first proprietary chip this...