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: ARM Holdings
AI, ARM Holdings, Global IT News, Global Security News, Malaysia, semiconductor chips, Softbank
ARM to sign $250M chip deal with Malaysia
The SoftBank-backed chipmaker has signed an agreement with the Malaysian government to bolster the country’s chip design ecosystem. © 2024 TechCrunch. All rights reserved. For personal use only.