Apple (NASDAQ:) will use the A18 chip based mostly on SoftBank-owned Arm Holdings ADR (NASDAQ:) newest V9 chip design, in keeping with a report within the Monetary Instances.
The announcement is anticipated to happen throughout Apple’s fall occasion, scheduled for September 9 on the firm’s headquarters in Cupertino, California. This occasion historically serves as a platform for Apple to introduce new iPhones, together with updates to different units and functions.
In a strategic transfer that underscores the enduring partnership between the 2 tech giants, Apple secured a cope with Arm in September of the earlier 12 months, extending their collaboration effectively past 2040.
This settlement is seen as a big endorsement of Arm’s chip know-how.