Arm challenges Intel with new tech aimed at laptops

Arm Ltd on Tuesday deepened its rivalry with Intel Corp by releasing a batch of new chip technology aimed at grabbing more market share among laptop computers.

Technology from the British firm, which is in the process of being acquired by Nvidia Corp for $40 billion, already underlies the central processors in most of the world’s smart phones. Arm’s technology has also been used in laptop chips made by Qualcomm Inc for companies such as Microsoft Corp and Acer Inc.

But interest in Arm-based laptops has grown since last fall when Apple Inc started to enact a years-long plan to drop Intel from its laptop and desktop computers and began shipping devices with its custom-designed M1 chips based on Arm technology.