Apple and Samsung line up to invest in Arm

Arm, the SoftBank-owned chip design company, is already lining up major investors. Apple, Samsung, Nvidia, and Intel all plan on buying stakes in Arm when it goes public in September, according to a report from Nikkei Asia.

The British chip designer plays an integral role in the technology industry. It specializes in licensing chip designs to companies, allowing the world’s tech giants to manufacture semiconductors in their own factories and apply customizations. Some of Arm’s biggest customers are the companies that plan on investing in it: Apple, Samsung, Nvidia, and Intel have all used Arm architecture in their chips.

“We have diversified our business by not only developing different products but also by addressing it through different parts of business model strategy,” Haas said. “We knew our business was going to be okay. All of the financial results you are seeing now, which are terrific and the team has done a fantastic job on, really come from work that was done a few years ago.”

Earlier this year, Intel announced that it will work with Arm to manufacture chips on Intel’s 18A process. Meanwhile, Qualcomm, NXP Semiconductors, and other chipmakers are looking to challenge Arm through the development of their own company to develop the rival chip architecture RISC-V.