Arm is launching its own chip this year with Meta as a customer

Arm, the semiconductor company, is shifting strategy to produce its own chips, with Meta as its first major customer. The initial chip, a customizable CPU for data center servers, is expected to be unveiled this summer. Arm will outsource production but design the chips in-house. This move marks a significant change for Arm, which traditionally licenses chip designs to other companies. The decision could potentially transform some of Arm's current clients into competitors.