Intel rejects Arm's approach for product division, Bloomberg News reports

The British chip firm did not express interest in Intel's manufacturing operations, the report added, citing a person familiar with the matter. Arm declined to comment on the report, while Intel did not immediately respond to a request for comment outside regular business hours. Once the dominant force in chipmaking, Intel ceded its manufacturing edge to Taiwanese rival TSMC and failed to produce a widely desired chip for the generative AI boom capitalized on by Nvidia and AMD.