Meta will be one of Arm's first customers.

Arm plans to launch its own chip this year after securing Meta as one of its first customers, in a radical change to the SoftBank-owned group’s business model of licensing its blueprints to the likes of Apple and Nvidia.

Rene Haas, Arm’s chief executive, will unveil the first chip that it has made in-house as early as this summer, according to people familiar with the UK-based group’s plans.

The move from designing the basic building blocks of a chip to making its own complete processor could also upend the balance of power in the $700 billion semiconductor industry, putting Arm into competition with some of its biggest customers.

Arm shares jumped more than 6 percent after the Financial Times reported on the group’s plans.

...read more at arstechnica.com