SoftBank chipmaker Arm hits 50% share in top AI data centers: exec

AI boom drives demand for company's architecture as it also moves into physical chips

Arm CEO Rene Haas, left, shakes hands with Nvidia CEO Jensen Huang at the Computex trade show in Taipei on June 2. (Photo by Ken Kobayashi) 

TAIPEI -- SoftBank-backed chip designer Arm says it has hit a milestone in its decades-long challenge to Intel and AMD, with its chip architecture now accounting for more than 50% of the hyperscale cloud computing market as AI demand transforms the data center industry, a senior executive told Nikkei Asia.