Apple secures long-term deal with Arm for making Apple Silicon chips

Apple has signed a long-term agreement with Arm, the company behind the ARM architecture that powers Apple Silicon chips. The deal, which extends beyond 2040, ensures that Apple maintains access to ARM's groundbreaking technology.

This development follows Apple's recent investment in Arm stock after the company's announcement to go public on the US Nasdaq stock market. Although the specifics of the agreement remain undisclosed, it's evident that Apple aims to secure its position in utilizing ARM architecture for its innovative chip designs.

Apple's transition to ARM-based chips has been transformative for the company. These chips now power a range of Apple devices, from the Apple Watch to the iPhone and iPad. In 2020, Apple took a significant step by replacing Intel processors in its Mac lineup with its custom-designed Apple Silicon chips, further highlighting the importance of ARM technology to the tech giant.

The partnership between Apple and Arm traces back to 1993 when Apple integrated ARM chips into its Newton handheld computer. Since then, the collaboration has grown stronger, enabling Apple to create devices renowned for their remarkable performance and energy efficiency.

While the exact details of this new agreement remain undisclosed, it underscores Apple's commitment to maintaining access to ARM's architecture, ensuring that the company can continue to innovate in the world of chip technology.

Arm, whose customers also include industry giants like Nvidia, Google, and Samsung, recently garnered significant support from its stakeholders, with investments totaling $735 million in its initial public offering.