UK chip giant ARM developing GPU in Israel

UK chip company ARM is developing a graphics processing unit (GPU) at its Ra’anana development center in Israel, aiming to compete with industry leaders Nvidia and Intel. The facility employs around 100 engineers focused on chip and software development, primarily targeting the video game market, with potential applications in AI processing. ARM operates by creating intellectual property and chip development software, which it licenses to other companies rather than manufacturing its own chips. Its technology is utilized by major clients like Qualcomm, MediaTek, and Apple. The Israeli team is also involved in developing software interfaces for graphics engines and cybersecurity components. ARM's collaboration with local startups, such as Hailo and NeuReality, highlights its role in advancing AI chip technology. Following a successful IPO in 2023, ARM's market capitalization has grown significantly, although it faced a recent decline in share price due to lower sales forecasts. The company is exploring new growth avenues, including AI processors for servers and personal computers, to reduce reliance on Nvidia and Intel. ARM has a global workforce of 7,300, with development centers in various countries.

- ARM is developing a GPU in Israel to compete with Nvidia and Intel.

- The company focuses on licensing its chip technology rather than manufacturing.

- ARM collaborates with Israeli startups to enhance AI chip capabilities.

- Following a successful IPO, ARM's market cap has increased significantly.

- The company is exploring AI processor development to diversify its offerings.