ARM Signs $250 Million Chip Deal with Malaysia Amid Growing Tech Tensions

Reported 1 day ago

ARM Holdings has entered a $250 million agreement with the Malaysian government to enhance the country's chip design capabilities over the next decade. This move is part of Malaysia's strategy to position itself as a key player in chip manufacturing, amidst rising tensions in the semiconductor sector between the U.S. and China. The deal includes ARM providing its chip designs and training 10,000 Malaysian engineers, as the nation aims to develop its semiconductor infrastructure and attract international clients.

Source: YAHOO

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