Facebook and Instagram owner Meta Platforms Inc. has been named the primary customer for the new processor, dubbed the "AGI CPU," Arm announced during a Tuesday event in San Francisco. So far this year, Arm stock is up nearly 39%. Under CEO Rene Haas, Arm has successfully pivoted from its smartphone-centric heritage to a dominant role in the data center sector. Haas noted that the decision to manufacture the AGI CPU was driven by direct demand from customers seeking specialized hardware. Also Read | Why Indian enterprise could lead adoption of agentic AIThis efficiency allows data center operators to maximize compute density within fixed energy budgets, according to Haas.

Source: Mint March 25, 2026 20:46 UTC