02:16 PM EST, 02/13/2025 (MT Newswires) -- Meta Platforms ( META ) has become one of Arm Holdings' ( ARM ) first customers as the SoftBank-owned company plans to launch its own chip this year, the Financial Times reported Thursday, citing people familiar with the matter.

Arm Chief Executive Rene Haas is expected to unveil the company's first in-house chip as early as this summer, according to the report

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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