SAN FRANCISCO – Arm Holdings, which made its name licensing technology to semiconductor makers, will begin selling its own chips for the first time, adding a business that it expects to generate about US$15 billion (S$19.2 billion) annually within five years. 

Meta Platforms will be the first major customer for the company’s chip, called an AGI CPU, Arm said on March 24 at an event in San Francisco. The product will have as many as 136 cores – a measure of processing power – and draw 300 watts of electricity, Arm said. Taiwan Semiconductor Manufacturing Co will produce the chips.