The $54 billion Arm IPO and the future of microchips

Arm is one of the most integral players in the semiconductor space. Its technology is in 99% of the world's smartphones. Arm's hotly-anticipated IPO shone a light on its strengths, the push into A.I. and its challenges ahead. But it also thrust chips back into the geopolitical spotlight.

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CNBC's “Beyond the Valley” brings you all the latest from the vast, dynamic world of tech — outside the Silicon Valley.