South Korea’s industry ministry and Arm Holdings (ARM) have signed an agreement to strengthen the nation’s semiconductor and AI sectors, according to a presidential policy adviser, Reuters reports. The memorandum includes plans for SoftBank’s (SFTBY) Arm to establish a chip-design school in South Korea to leverage its expertise in that field.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARM:
- 3 “Strong Buy” Growth Stocks to Buy Now, According to Analysts – 12/1/2025
- META Stock Quiet as Analysts Hail Social Media ‘Dominance’ and AI Progress amid Controversy
- Nvidia resumed, Palo Alto downgraded: Wall Street’s top analyst calls
- Arm assumed with a Market Perform at Raymond James
- Midday Fly By: Nvidia reports Q3 beat, Abbott buys Exact Sciences