Arm gives new details on data center chips

Arm Ltd, the British chip technology firm being acquired by Nvidia Corp in a $40 billion deal, on Tuesday gave new details about its next generation of data center technology and said Oracle Corp and Alibaba Group Holding will use the chips.

Arm creates underlying intellectual property that other firms such as Qualcomm Inc or Apple Inc then license to create their own processor chips. Arm’s technology powers most mobile phones, but it is making a push into data center processors, where Intel Corp and Advanced Micro Devices have long dominated.

Analysts view Arm’s data center efforts as the key reason that Nvidia, which also competes against Intel, sought to buy the firm. British officials have invoked a national security law to review the deal.