ARM stock price surges today after chip company announces biggest pivot in its 35-year history
By Michael Grothaus
Published on March 25, 2026.
Semiconductor design firm Arm Holdings (ARM) has announced its biggest shift in its 35-year history, moving from designing chips to manufacturing them for AI workloads. The move represents a significant shift from the company's primary business model to manufacturing and selling its own chips directly to customers. The company's first self-made chip, the Arm AGI CPU, will be designed for AI data center customers who need processing power to run agentic AI systems. However, this will not be used for many of the CPUs found in laptops and smartphones, including Apple's iPhone, but instead for data centers. The announcement was made at an event in San Francisco, where CEO Rene Haas announced the pivot.
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