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Good morning from the Financial Times.
Today is Wednesday, March 25th, and this is your FT News Briefing.
The chip industry just got a little bit more competitive,
and investors are ditching a safe haven asset at an incredibly surprising time.
Plus, we'll take a look at why Lebanon is bracing for a land offensive from Israel.
I'm Mark Filippino, and here's the news you need to start your day.
The chip designer arm is now the chip maker arm.
The company's CEO, Rene Haas, unveiled its new AI processor yesterday.
He called it a defining moment for the company.
And it's hard to argue with that.
Arm is known for designing chips for other companies.
Now it's producing them itself.