This "purpose-built approach" to chip-making seeks to address the urgent needs of companies making cloud computing, internet-connected technology, mobile devices and more.

SoftBank's Arm is targeting a stock debut that would be the third largest ever. The target valuation reflects a belief that the company will benefit from the rush toward AI chips and generative AI.

With its Graviton processors, AWS is working with Nokia and other software companies to provide an architectural choice for telcos.

US server maker HPE is teaming up with one of the hottest chip startups on a product that could provide much needed competition to Intel.

Arm China’s board fired Allen Wu in 2020 for alleged conflicts of interest - but he has refused to leave.

With the deal dead, SoftBank is now falling back on an earlier plan: an IPO.

SoftBank, meanwhile, is stepping up preparations for an Arm initial public offering as an alternative to the Nvidia takeover, sources tell Bloomberg.