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Arm Holdings is a renowned player in the technology sector, known for its creation, development, and licensing of high-performance, energy-efficient IP solutions for CPUs, GPUs, NPUs, and other interconnected technologies. The company’s products are widely used by numerous semiconductor companies and original equipment manufacturers (OEMs). Essentially, Arm provides instruction sets for modern chips that partners customize to their specific applications.
The public offering of Arm has caught the attention of technology giants such as Advanced Micro Devices (NASDAQ:AMD), Apple (NASDAQ:NASDAQ:AAPL), Alphabet (NASDAQ:NASDAQ:GOOGL), and NVIDIA (NASDAQ:NASDAQ:NVDA). These companies have expressed interest in ARM shares, highlighting the excitement surrounding the IPO. These tech giants have also played a significant role in the market recovery witnessed in 2023.
In September, Arm extended its long-term agreement with Apple that is set to last beyond 2040. This deal marks the continuation of their longstanding partnership. Apple remains a major user of Arm architecture across its wide range of products including iPhones, iPads, and Macs.
A recent SEC filing revealed that more than 260 companies reported using Arm-based chips in the fiscal year ending March 31st, 2023. This extensive list includes NVIDIA, Advanced Micro Devices, and Qualcomm (NASDAQ:NASDAQ:QCOM).
Arm Holdings has also been working with NVIDIA to develop technology to handle AI workloads. Given the surging interest in AI in 2023 which led to a rise in NVIDIA’s shares, this partnership is of notable significance. Currently, Arm’s CPUs are running AI and machine learning workloads in billions of devices worldwide.
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