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Arm to launch its own chip in move that could upend semiconductor industry

SoftBank-owned group secures Meta as one of its first customers for new initiative
Masayoshi Son and Rene Haas

Arm plans to launch its own chip this year after securing Meta as one of its first customers, in a radical change to the SoftBank-owned group’s business model of licensing its blueprints to the likes of Apple and Nvidia.

Rene Haas, Arm chief executive, will unveil the first chip that it has made in-house as early as this summer, according to people familiar with the UK-based group’s plans.

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