Arm is the company inside every phone you can buy today. It designed the processor architecture that companies like Qualcomm, Apple, Google, and MediaTek use to build chips, as well as the processors from companies like Nvidia that power the AI future. They're a pretty big deal. That's why Nvidia tried to use its deep pockets to buy Arm outright in a deal that was thankfully blocked by the FTC.
They also gave Qualcomm a 60-day notice to stop making those chips. Yes, the company that powers a large portion of phones and tablets around the globe has to stop making the main product it sells. Maybe.
