Penguin
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Advanced Risc Machines

A series of 32-bit RISC chips. Often used in embedded systems due to low power consumption - I think the IPAQ uses an ARM chip, and many cell phones, for example.

They have also been used in full-blown computers, perhaps the Acorn Archimedes was the most well-known machine to use them?

I think Intel now owns all the Intellectual Property associated with ARM chips.