However, chip IP vendor ARM Holdings plc (ADR) (NASDAQ: ARMH ) – one of the most successful growth stories in the semiconductor space over the last few years – has ambitions of enabling a wide set of ecosystem partners to compete in this space. To this end, ARM Holdings plc (ADR) (NASDAQ:ARMH) crafted a new 64-bit instruction set, a bunch of IP including system interconnects and processor cores that it hopes will allow its partners to gain share across the data-center. While a good deal of optimism has been baked into ARM Holdings plc (ADR) (NASDAQ:ARMH)'s share price on the datacenter opportunity (shares trade for 31 times fiscal year 2014 projected earnings), as well as an equal amount of pessimism in Intel Corporation (NASDAQ:INTC)'s on that same ARM Holdings plc (ADR) (NASDAQ:ARMH) opportunity, I believe that this dynamic may be thrown into question following Intel Corporation (NASDAQ:INTC)'s recent launch of its Atom C2000 processors.