Gelonghui May 13| Arm(ARMtoproulettesites.US) U.S. stocks rose 2.43%toproulettesites, quoted at $111.45. It is reported that Arm plans to develop artificial intelligence (AI) chips and strives to launch the first batch of products in 2025. Arm will establish an AI chip division with the goal of manufacturing prototypes by spring 2025. Mass production will be handled by contract manufacturers and is expected to begin in the fall of 2025. Arm will bear the initial development costs, which are expected to reach hundreds of billions of yen, and SoftBank will also contribute. It is reported that SoftBank is already negotiating with TSMC and other companies on manufacturing issues, hoping to ensure production capacity.
