Arm Shoulders More of the Supply Chain by Making a Chip

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Arm’s stock flexed more than 16% on Wednesday after the chip designer decided to take chip-making into its own hands. The 35-year-old company previously made money mostly by licensing its designs to other players in the chip ecosystem, including Qualcomm and Nvidia, and then scooping up royalties from their sales. Now, Arm wants to make its own chip built to support agentic AI. Arm alread ...