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ARM and Malaysia Ink $250M Chip Deal
- ARM Holdings has signed a $250 million agreement with the Malaysian government to enhance the country's chip design ecosystem.
- Malaysia aims to become a major hub for chip manufacturing amid U.S.-China tensions, focusing on AI semiconductor development.
- The deal includes the purchase of seven ARM chip design blueprints and training 10,000 engineers in Malaysia.
- This partnership is part of Malaysia's National Semiconductor Strategy, which includes a $5.3 billion investment to boost its chip infrastructure.
- Malaysia has a long history in the chip industry, contributing 13% of global chip testing, assembly, and packing services.
Source: TechCrunch
9mo ago
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