Apple inks new deal with Arm for chip technology; long-term pact ‘extends beyond 2040’

Apple has inked a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering (IPO) documents filed on Tuesday.Reuters:Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion initial public offering, which would be the largest such deal in the U.S. this year. Arm owner SoftBank Group plans to offer 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece, Arm said in a fili