The U.K.-headquartered chip design company Arm Holdings Plc. is reportedly planning to launch its first-ever complete semiconductor after securing Facebook’s parent company Meta Platforms Inc. as one of its first customers.

Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first customers, in a major shift to its model of licensing its blueprints to other companies, the Financial Times reported on Thursday.

Arm Holdings is planning to launch its own chip, shifting from its traditional model of licensing blueprints, after securing Meta Platforms as a customer. The move puts Arm in direct competition with its clients like Nvidia and aligns with SoftBank’s AI infrastructure expansion strategy.