Apple's new iPhone will use Arm’s AI chip technology

Apple (NASDAQ:AAPL) will use the A18 chip based on SoftBank-owned Arm Holdings ADR (NASDAQ:ARM) latest V9 chip design, News.Az reports citing the Financial Times .

The announcement is expected to occur during Apple's fall event, scheduled for September 9 at the company's headquarters in Cupertino, California. This event traditionally serves as a platform for Apple to introduce new iPhones, along with updates to other devices and applications.

In a strategic move that underscores the enduring partnership between the two tech giants, Apple secured a deal with Arm in September of the previous year, extending their collaboration well beyond 2040.

This agreement is seen as a significant endorsement of Arm's chip technology.

News.Az