New filings related to Arm's planned initial public offering (IPO) reveal that Apple has signed a deal with the company that "extends beyond 2040". Apple licenses Arm chip technology which it then customizes to create the A-series processor chips that are the heart of iPhones and iPads. More recently, Apple also moved its Mac computers to M-series "Apple Silicon" chips which are also based on Arm technology. Other major mobile chip companies like Qualcomm and MediaTek also license Arm technology as the basis for their chip designs. As Arm prepares to go public, Apple is among the strategic investors who has agreed to buy shares in the IPO.
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