SoftBank-Backed Arm Plans Major Price Hike: Apple, Qualcomm Supplier Explores Chip Development - Apple (NASDAQ:AAPL), ARM Holdings (NASDAQ:ARM)
1. Arm Holdings plans to increase chip prices by up to 300%. 2. CEO Rene Haas considers manufacturing chips, competing with Apple and Qualcomm. 3. The strategy aims to generate $1 billion in smartphone revenue over 10 years. 4. Arm's potential acquisition of Ampere Computing may reshape its business model. 5. Analysts express concerns about Arm becoming a direct competitor.