Oracle’s company logo was displayed on the floor of the New York Stock Exchange (NYSE) in New York, United States, on September 18, 2019. REUTERS / Brendan McDermid / File Photo

oracle (ORCL.N) On Tuesday we launched a cloud computing service with an Ampere Computing data center chip. Arm Ltd is the second largest cloud company to offer arm-based services after (AMZN.O) Amazon Web Services.

Cloud providers are some of the biggest buyers of chips. This is because cloud providers make the generated computing power available to thousands of other companies. However, until recently, almost all chip cloud services purchased came from Intel Corp. (INTC.O) And advanced micro devices (AMD.O) This is because most enterprise software was written to run on these processors.

It started to change in 2018 when Amazon, the largest cloud provider, announced a service that uses its own custom chips from Arm’s intellectual property. Arm is a UK company that is already the foundation for most smartphones …

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