This is the requirement of the time.
This week the CEO of the British holding Arm Rene Haas announced the need to implement structural changes within this developer of processor architectures, which was never destined to come under the control of NVIDIA. Last month, a new financial director was appointed, and two new members appeared on the board of directors. Third-party sources consider these transformations as indirect evidence of Arm’s preparations for entering the stock market.
Image Source: DigiTimes
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For a long time, the automotive direction and the Internet of things in the structure of Arm developed synchronously and under the “one roof”, but now the head of the company said that at this stage it is time for them to separate. In total, the structure of the holding will provide for four main business areas: automotive, client, infrastructure and the Internet of things. At the same time, a rotation was carried out among their leaders – they simply became responsible for the direction of activity that their colleagues had previously supervised. The head of the holding is convinced that such changes will benefit Arm. In any case, against the backdrop of the growing importance of microprocessor technology for the automotive industry, it made sense to separate the corresponding direction into a full-fledged structural unit with its own leader. Moreover, Dipti Vachani, who over the past three years has been in charge of this line of business for Arm, has remained at its helm.