Arm shares have more than doubled this year as the U.K. company has benefited from demand for the central processing units it designs and a new AI chip it is selling. And that soaring share price has given the SoftBank-controlled company, now worth $300 billion, more firepower to do acquisitions. In the past, Arm has mostly made small purchases, such as last year’s $265 million deal for networking startup DreamBig. It’s likely to stick to this kind of acquisition in the future, Arm Chief Financial Officer Jason Child said in an interview. But he indicated the company hasn’t ruled out bigger ones. That’s especially the case as its decision to sell its own chips, not just license its designs to companies like Nvidia and Apple, forces it to grapple with new growth and the challenges that come with it. “Delivering silicon is definitely more complicated” than licensing designs, he said.
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