ARM's unique business model makes it the "Switzerland" of the chip industry

ARM's operating model is different from other chip companies. It does not develop or manufacture its own processors, but develops its own intellectual property or chip development software and then sells it to chip companies. These companies can adjust it according to their needs and integrate it into their own unique technology. As a result, ARM has become the "Switzerland" of the chip industry, providing software to everyone but not competing with them.