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SoftBank-Owned Arm Eyes Acquisition Of Oracle-Backed Chip Designer Ampere Computing Amid Nvidia's Dominance: Report - Intel (NASDAQ:INTC), ARM Holdings (NASDAQ:ARM)

  • Arm Holdings PLC is exploring the potential acquisition of Ampere Computing LLC, indicating consolidation in the artificial intelligence chip sector.
  • Ampere, backed by Oracle Corp., is evaluating takeover interest while working with financial advisers, as reported by Bloomberg.
  • Oracle holds a 29% stake in Ampere and has options to gain control, with the startup previously valued at $8 billion.
  • Acquiring Ampere could help Arm evolve from a technology licensor to a complete chipmaker, leveraging Ampere's engineering expertise.
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EMEA Tribune, Breaking News, World News, Latest News, Top Headlines broke the news in on Thursday, January 9, 2025.
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