Intel does. They design them. And they are basically an intellectual property firm. As everything becomes a computer, they are really important. About 15 billion chips with arm designs shipped last year, up from about 6 billion in 2010. So lots of obviously the smartphone revolution has been huge for them. But everything is a computer now. So arm has really capitalized on that. About seven years ago, i went out to cambridge in the uk and did a feature for Fortune Magazine on arm. They were at a plateau period because smartphones hadnt really taken off. There were questions about whether theyd be able to take on intel. They successfully did that. Now another period where smartphones are successful but their growth has starred out. And now theyre looking at the internet of things. The challenge that arm has had, and they were talking about it seven years ago about the idea of smart washer and dryers and refrigerators. There was no Single Player that was going to drive that market the way