💨 Abstract

Malaysia plans to invest $250 million over 10 years to acquire chip design plans from Arm Holdings, aiming to produce its own graphics processing unit (GPU) chips within the next decade. The deal includes seven high-end chip design blueprints and training of 10,000 engineers. The government hopes to create 10 local chip companies with annual revenue of $1.5 to $2 billion each.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖