The company's chips are foundational to the modern electronics industry, with demand for Arm chips growing in various sectors. Arm is also facing competition from rivals like Intel, Advanced Micro Devices, MIPS, and an open-source alternative, RISC-V. Despite the competition, Arm remains 90% owned by SoftBank and is focusing on growth markets like AI, automotive, computer infrastructure, IoT, and embedded chips in appliances and other devices.
Key takeaways:
- Arm, the chip architecture firm owned by SoftBank Group, raised $4.7 billion in its initial public offering, valuing the company at over $54.5 billion.
- The company has a 99% market share in mobile phones and has been expanding into markets such as processors for PCs and servers.
- Arm's chips are foundational to the modern electronics industry, with the company's architecture being used in a wide range of devices from smartwatches to cloud infrastructure.
- Despite facing competition from rivals like Intel, Advanced Micro Devices, and open-source alternatives, Arm maintains a strong position due to its broad software ecosystem and focus on performance and power efficiency.