Apparently ARM silicon partners shipped a record 6.4 billion ARM-based chips, the third record quarter for unit shipments in the past two years

ARM IP Products Group, President Rene Haas (pictured) said that the outfit saw growing demand for embedded intelligence in endpoint devices as demonstrated by the record 4.2 billion Cortex-M processors shipped, further cementing Cortex-M as the indisputable processor of choice for embedded and IoT applications.

"ARM, together with the world's largest compute ecosystem, are well-positioned to enable efficient distribution of more intelligence across endpoint devices, build an AI-driven network edge, while pushing more efficiency and cost-savings into the cloud,” he said.

This means that there have been 160 billion ARM-based chips, and an average of more than 22 billion over the past three years

Haas said that the reason it has been doing so well is its accelerated investments in new technologies and developer ecosystems has resulted in its biggest number of licenses signed in a quarter over the past three years.