Arm Launches New Chip Design for Cloud and Data Center

Arm Launches New Chip Design for Cloud and Data Center
Semiconductor chips on a circuit board of a computer in a photo illustration taken on Feb. 25, 2022. Florence Lo/Reuters
Reuters
Updated:

OAKLAND, Calif.—Arm Ltd., the British chip technology firm owned by SoftBank Group Corp., on Sept. 14 launched its next generation of data center chip technology called Neoverse V2 to meet the explosive growth of data from 5G and internet-connected gadgets.

Arm creates underlying intellectual property that other firms such as Qualcomm or Apple then license to create their own processor chips. Arm’s technology powers most mobile phones, but it has been making a big push into data center processors where Intel Corp. and Advanced Micro Devices have long dominated.