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For a long time, Arm Holdings (NASDAQ: ARM) was considered the "neutral architect” of the chip world. A highly profitable, yet almost boring business model: design blueprints, sell licenses, collect cents per chip. But with yesterday's shock announcement, CEO Rene Haas has shattered this model. Arm is transforming from a mere architect into a general contractor, and this changes everything for investors. Until now, Arm earned only a few dollars in licensing fees from a smartphone chip that sold for $50. With the new Arm AGI CPU for data centers,...
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