Broadcom and Marvell Could Be the Big Losers If Arm Moves Into Chipmaking. Here’s Why. - Barron's
1. ARM plans to manufacture its own semiconductors, shifting from design licensing. 2. This move could hurt Broadcom and Marvell while targeting high-end cloud-server processors. 3. Meta Platforms will be an initial customer for ARM's new AI-focused CPU. 4. SoftBank's ambitions in chipmaking could intensify competition among ARM's clients. 5. Analysts see revenue growth potential but expect lower valuation multiples for ARM.