(CNBC) The news indicates that Apple has secured access to a core piece of intellectual property, the Arm architecture, used in its iPhone and Mac chips, for the foreseeable future. Arm, owned by SoftBank, is set to debut on the Nasdaq stock exchange in the coming weeks at a total valuation that could be as high as $52 billion, which would be the biggest technology initial public offering this year.
Apple and Arm sign deal for chip technology that goes beyond 2040
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