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> The chip business looks promising. Maybe IBM should double down there?

I always thought IBM should have bought ARM, the combination of IBM chip tech plus ARMs designs and Red Hat for the software stack would make for an amazing tech business.

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This is a really nifty 'what it' to think about, but I don't think IBM needed ARM to have owned the world. They had/have POWER & PPC, and the associated development ecosystem, which gave them processor coverage from low-end embedded thru supers. They just needed to tweak their go-to-market to match the flexibility that ARM has given their licensees and it could have been a very different story.

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