Nvidia, Arm to develop chips based on Arm technology: report

Nvidia Corp.
NVDA,
+3.75%
is developing computer chips that would use technology from Arm Holdings
ARM,
+4.57%,
according to a Reuters report Monday, citing people familiar with the matter. The central processing units would run the Microsoft
MSFT,
+0.91%
Windows operating system and could be available as early as 2025, the report said. Advanced Micro Devices Inc.
AMD,
-1.63%
is also planning to develop chips for personal computers using Arm technology. Nvidia declined comment on the Reuters report.