ARM and Apple sign a long term deal ahead of IPO

Apple has signed a long-term deal with Arm for chip technology that extends beyond 2040, according to Arm’s IPO documents. The partnership between Apple and Arm dates back to 1993 when Apple started using ARM chips in its Newton handheld computer. Apple currently uses ARM-based chips in its products, including the iPhone and Apple Watch. Arm’s IPO is expected to raise $52 billion, with major tech firms like AMD, Google, Intel, Nvidia, Samsung, and TSMC showing interest in purchasing Arm shares. Nvidia’s attempt to acquire Arm was called off due to regulatory challenges.

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