Apple is part of the investors in ARM's IPO, with it contributing part of $745 million with the rest of big tech. However, that's perhaps not the biggest news for Apple investors and fans.

As part of the filing, ARM said that it has a close partnership with Apple, Samsung, Xiaomi, AWS, and others. Its partnership with Apple is so strong, that there is a new long-term agreement with the iPhone maker.

"Further, 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 filing.

Advanced Micro Devices, Apple, Cadence Design Systems, Google, Intel, MediaTek, Nvidia, Samsung, Synopsys, and TSMC are investing an aggregate of $735 million between the 10 companies.

Also in 1993, ARM, possibly concerned about being tied to making processors for one device, started looking to license its technology. this was an unusual move at that time in the industry, but it is how ARM transitioned to a firm that designed processors for other companies.

ARM still does not design Apple's chips. Instead, Apple is a licensee of ARM technology.

Apple's use of ARM technology goes beyond its iPhone, iPad, and Mac chips. It uses the technology in many other chipsets used in its products, with most of them produced by its long-term main chip partner TSMC.

Source: Appleinsider