Apple to Use A18 Chip Based on Arm’s Latest Design

Apple (NASDAQ:AAPL) will utilize the A18 chip, derived from SoftBank-owned Arm Holdings ADR (NASDAQ:ARM) latest V9 chip design, as reported by the Financial Times.

Upcoming Announcement

The announcement is anticipated during Apple’s fall event, set for September 9 at its headquarters in Cupertino, California. This event traditionally showcases new iPhones, along with updates to other devices and applications.

Strategic Partnership with Arm

In a notable strategic move, Apple secured a deal with Arm in September of the previous year, extending their collaboration well beyond 2040. This agreement highlights a strong endorsement of Arm’s chip technology.