<p>From thermostats to Meta’s AI glasses, ARM has been designing chips that have quietly influenced almost every aspect of our modern lives. Since their early work on the short-lived Apple Newton, they have grown into one of Europe’s largest semiconductor design companies and are proving that Europe is still a contender in the global AI race.</p>
Meet the chip design company keeping Europe in the global AI race

From thermostats to Meta’s AI glasses, ARM has been designing chips that have quietly influenced almost every aspect of our modern lives. Since its early work on the short-lived Apple Newton, it has grown into one of Europe’s largest semiconductor design companies.

04:35 - Source: CNN
Latest from CNN Business 15 videos
<p>From thermostats to Meta’s AI glasses, ARM has been designing chips that have quietly influenced almost every aspect of our modern lives. Since their early work on the short-lived Apple Newton, they have grown into one of Europe’s largest semiconductor design companies and are proving that Europe is still a contender in the global AI race.</p>
Meet the chip design company keeping Europe in the global AI race
04:35
Now playing
- Source: CNN
20250731-quest_trump split_full16x9.jpg
Quest weighs in on why he thinks Trump’s tariff deals will never come to fruition
02:49
Now playing
- Source: CNN
20250731-split.jpg
Professor reacts to Ted Cruz’s comments about American Eagle, Sydney Sweeney debate
01:40
Now playing
- Source: CNN
Chair of the US Federal Reserve Jerome Powell speaks during a news conference following the July 29-30 Federal Open Market Committee (FOMC) meeting in Washington, DC on July 30, 2025. The US Federal Reserve kept interest rates unchanged for a fifth consecutive policy meeting Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers. The US central bank's call to hold interest rates at a range between 4.25 percent and 4.50 percent comes amid a flurry of data releases this week, including an early estimate showing the world's biggest economy returned to growth in the second quarter.
Federal Reserve keeps interest rates unchanged despite Trump’s push for cuts
02:33
Now playing
- Source: CNN
jerome powell rates thumb 1.jpg
Why there's so much drama around this Fed meeting
01:30
Now playing
- Source: CNN
<p>Matt Andre joins The Lead</p>
Tariffs on EU imports threaten family-owned shoe company
03:26
Now playing
- Source: CNN
<p>Megan LaMothe join The Lead</p>
Trump's tariffs could "ruin" a women's golf brand, owner says
04:47
Now playing
- Source: CNN
TOPSHOT - US President Donald Trump (R) shakes hands with European Commission President Ursula von der Leyen (L) after agreeing on a trade deal between the two economies following their meeting, in Turnberry south west Scotland on July 27, 2025, on the third day of his visit to the country, since his second tenure as President began. US President Donald Trump said on July 27, 2025 that he had reached a trade agreement with European Union chief Ursula von der Leyen. "We have reached a deal. It's a good deal for everybody," Trump told reporters after talks with von der Leyen at his golf resort in Turnberry, Scotland. The EU chief also hailed it as a "good deal". (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
Analysis: What Trump hopes to signal with EU trade deal
01:25
Now playing
- Source: CNN
clipped thumbnail - C BLK - CNN ID 21818481 - 00:05:21;15
On GPS: Bill Gates on navigating the future of AI
05:24
Now playing
- Source: CNN
<p>Richard Brown</p>
Ohio sneaker brand details "painful experience" with tariffs
03:24
Now playing
- Source: CNN
Screenshot 2025-07-26 at 12.09.53 AM.png
A potential Olympic bid and a new airline for Saudi Arabia - this week's business headlines from the Middle East
01:11
Now playing
- Source: CNN
<p>Europe has fallen behind China and the US in the development of AI capacity, producing less than 1% of the world’s semiconductors needed for AI. The EU hopes to expand their semiconductor production and produce 20% of the world's semiconductors by 2030. CNN's Anna Stewart spoke to Jensen Huang, CEO of Nvidia about their plans to build 20 AI factories across the continent. However, the question remains of whether this is the start of Europe’s comeback, or a last-ditch fantasy.</p>
Nvidia wants Europe to catch up in the AI race
06:43
Now playing
- Source: CNN
<p>Ray Dalio joins The Lead</p>
Billionaire investor Ray Dalio sounds alarm on U.S. debt
07:33
Now playing
- Source: CNN
<p>Claire Landgraf joins The Lead</p>
Bridal shops see more hesitant customers due to tariffs
04:44
Now playing
- Source: CNN
still_21810630_2287768.327_still.jpg
Billionaire warns of the dangers of US debt
02:38
Now playing
- Source: CNN