Chip licensing firm ARM shared its financial results Tuesday and it’s seeing some strong gains in the overall chip market. Its 2013 licensing revenue (from companies that pay ARM to use its chip designs) is up 32 percent year-over-year, while the overall growth of the chip industry was at 4.8 percent. So while the chip market is expanding, ARM is growing faster. However it’s growing from a much smaller base with total 2013 revenue of $1.12 billion compared to the industry’s sales of $305.58 billion. That’s a lot of chips.