Arm Stock Eyes This Segment As Software Will Become 'Survival' For Automakers | IBD
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 Published On Apr 17, 2024

Since its blockbuster return to the public market in September 2023, chip designer Arm has dazzled investors with its strong price history. And while the company is known for its mobile phone technology, CEO Rene Haas has signaled that Arm's automotive segment is a key area of focus as the era of smart cars has upped the demand — and price — for the high-performing chips powering our vehicles.

On this Growth Stories Spotlight, Arm's head of automotive Dipti Vachani takes us on a deep dive into the chip designer's strategy and why the company is focused on the auto segment as a pillar of future success.

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