According to foreign media reports, chip design giant Arm announced on September 6 that it had reached a new 20-year cooperation agreement with Apple in its latest IPO document submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday local time. , deepened the cooperative relationship between the two parties.
According to the report, although both parties have not publicly disclosed the specific content of the cooperation agreement, people familiar with the matter revealed that this agreement means that Apple will continue to use Arm’s chip technology until after 2040, which means that Apple will continue to use Arm’s chip technology for decades to come. has continued to adopt Arm-based chips in its products. Arm-based chips are used in nearly all of the company's devices, from the Apple Watch to the iPhone and iPad.
As the world's leading chip design company, Arm has licensed its chip design to more than 500 companies, including Apple, with its superior technology. 95% of the world's smartphones use the Arm architecture. In the field of artificial intelligence (AI), Arm is seen as a potentially important player.
The prospect of the company's IPO has attracted much attention. After Nvidia's plan to acquire Arm for $40 billion failed, Arm announced its listing plan and stated in its latest IPO document that it would set the IPO price between $47 and $51. It is expected to raise $4.87 billion, with a total of 95.5 million shares and a market value of between $50 billion and $54 billion, making it the largest IPO since Rivian Automotive went public in 2021.
In addition, in public documents, Arm also revealed that the company has close cooperative relationships with Apple, Samsung, Xiaomi, AWS and other companies, which means that the ecosystem in which Arm is located is expanding and strengthening.
All in all, Arm's IPO marks the company's opening up to the stock market and its entry into a more competitive business environment. This time, the new 20-year cooperation agreement with Apple has also extended the rhythm, indicating that Arm is confident that it will maintain steady growth and expand its market share in the coming period.