SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to…
Category: Ampere
Ampere, ARM, Global IT News, Global Security News, Hardware, semiconductor chips, Softbank, TC
Softbank could soon buy Renee James’ Ampere chip company for about $6.5B
And it’s the latest in an ongoing saga over the company’s future ownership. © 2024 TechCrunch. All rights reserved. For personal use only.