ARM share price soars on Windows reports

Peter Clarke, EETimes
12/22/2010 5:43 AM EST

LONDON – The share price of ARM Holdings plc soared on Wednesday (Dec. 22) on reports that Microsoft Corp. will use the Consumer Electronics Show in Las Vegas in January 2011 to demonstrate a version of its Windows operating system that will run on processors designed by the U.K. firm.

It is believed the version will retain backwards compatibility with the x86 architecture of Intel but the ability to run on cores from ARM (Cambridge England) sent the IP licensor's share price soaring. It was trading at 438 pence on the London Stock Exchange at 10.00am up 8.5 percent on the day.

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