Piper's Gus Richard thinks ARM (ARMH) is starting to see higher royalty rates on chips that...

|About: ARM Holdings, plc (ARMH)|By:, SA News Editor

Piper's Gus Richard thinks ARM (ARMH) is starting to see higher royalty rates on chips that contain its CPU cores. Richard believes the rate for ARM's Cortex A9 cores, which recently began ramping, is a relatively high 1.5%, while the rate for the cutting-edge Cortex A15 is 2.5%. The Cortex A7, which ARM encourages pairing with the A15, is also believed to be 1.5%. However, Richard is worried about "push back" over the A15's rate - could that open the door for MIPS?