...Backed Chip Designer Ampere Computing Amid Nvidia's Dominance: Report - Intel...

Published on 8 Jan 2025 on Benzinga

...Backed Chip Designer Ampere Computing Amid Nvidia's Dominance: Report - Intel...

Arm Holdings PLC – ADR ARM is exploring the potential acquisition of semiconductor designer Ampere Computing LLC, signaling further consolidation in the artificial intelligence chip sector.

What Happened: Ampere, which designs data center processors using Arm’s technology and is backed by Oracle Corp. ORCL, has been fielding takeover interest while working with financial advisers to explore strategic options, according to people familiar with the matter cited by Bloomberg on Wednesday.

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