Artificial intelligence is causing the chip designer to rethink its winning formulaPhotograph: Rodrigo Reyes Marin/ZUMA Press Wire/Eyevine Feb 12th 2026|SAN JOSE|5 min readIN THE SEMICONDUCTOR industry, Arm is everywhere and nowhere. Designs from the British-based, American-listed, Japanese-controlled firm sit in almost all the world’s smartphones and most other connected devices. Yet Arm does not sell a single chip. Customers license its designs, tweak them if they wish and produce the chips th...