Arm is reportedly developing its own in-house chip

Chip designer Arm plans to unveil its own processor this year with Meta as the launch customer, The Financial Times reported. The chip would be a CPU designed for servers in data centers and would have the potential to be customized for clients. Manufacturing would be outsourced to a contract fab plant like TSMC (Taiwan Semiconductor Manufacturing Co.) and the first in-house chip could be revealed as early as this summer, according to the FT's sources. Last month, Arm parent Softbank announced the Stargate project, a partnership with OpenAI to build up to 500 billion worth of AI infrastructure. Arm, along with Microsoft and NVIDIA, is a key technology partner for the project.