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ARM chips

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ARM Holdings, the mobile processor manufacturer, saw a sudden slide in share prices, following the announcement by its largest user, Samsung Electronics Co. that it would now use chips made by Intel Corp. for its latest Samsung Galaxy Tab 3.

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Reputable chip designer ARM Holdings Plc once again surprised with shockingly strong results for the first quarter which topped initial projections. The company, which provides the biggest names in the industry such as Apple Inc. with its chips, underlined that the strong performance was driven by its newest designs.

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