Illustration: The Verge
Apple has struck a deal with the chip design company Arm that goes past 2040, as reported by Reuters. A disclosure noting the arrangement appeared in new documents Arm filed as part of its planned IPO.
The statement about the deal doesn’t have much additional detail. “We have entered into a new long-term agreement with Apple that extends beyond 2040, continuing our longstanding relationship of collaboration with Apple and Apple’s access to the Arm architecture,” Arm said in the document. But given how much Apple relies on Arm’s designs for the custom chips powering its most popular and profitable products, like the iPhone, Mac, iPad, and Apple Watch, in addition to the upcoming Vision Pro, it signals that Apple plans to continue…