$ARM Holdings Ltd(ARM)$ Bullish, deal with $Microsoft(MSFT)$
Market Chatter: Microsoft to Develop Arm Chips With MediaTek
Microsoft has chosen Taiwanese chip design firm MediaTek to develop an AI-compatible Arm Holdings personal computer chip that will run its Windows operating system, Reuters reported Wednesday, citing unnamed people familiar with the matter.The MediaTek chip is scheduled to launch in 2025 after Microsoft's exclusive deal with Qualcomm for laptop chips expires, Reuters said.The chip is based on Arm's AI-compatible designs. Rival Apple has incorporated Arm-based chips for its Mac computers for about four years, Reuters reported.Microsoft and MediaTek did not immediately reply to MT Newswires' requests for comment.Price: 435.17, Change: +2.49, Percent Change: +0.58
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