Arm , Apple’s chip design partner, plans US stock listing

Apple’s iPhones, Macs, iPads, and other devices all make some use of reference chip designs from Arm, the UK processor design company.

Now the company plans to list its shares on the US NASDAQ stock exchange in a move that once again confirms the poor performance of the UK economy.

Apple and Arm: The back story

Most Apple watchers will remember that Apple, with Acorn and VLSI, was a launch partner for Arm more than two decades ago. At the time, it was to make chips destined for the Apple Newton.

Today, Apple uses Arm reference designs when developing its own…