Arm Stock Eyes This Segment As Software Will Become 'Survival' For Automakers | IBD

Since its blockbuster return to the public market in September 2023, chip designer Arm has dazzled investors with its strong price history. And while the company is known for its mobile phone technology, CEO Rene Haas has signaled that Arm's automotive segment is a key area of focus as the era of smart cars has upped the demand - and price - for the high-performing chips powering our vehicles.
On this Growth Stories Spotlight, Arm's head of automotive Dipti Vachani takes us on a deep dive into the chip designer's strategy and why the company is focused on the auto segment as a pillar of future success.
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[@stephenkutney9626]

Do they use ARM chips in IMSA or Formula One race cars?

[@reluctantenthusiast]

Tesla is being outflanked by Arm and a whole bunch of other challengers. Tesla acquired an omnipotent self-image too soon. Musk has often said: "prototypes are easy, manufacturing is hard". So if he'd heeded his own words, Tesla might have been much farther along right now (more models, more mega-factories...) by concentrating on their proven strengths (OEM), and left the FSD to dedicated developers.