Reported 1 day ago
SoftBank's Arm Holdings is exploring a potential acquisition of Ampere Computing, a semiconductor designer backed by Oracle. This interest comes as Ampere, valued at $8 billion in a previous investment, seeks strategic options amid a competitive chip market driven by AI demand. While discussions are ongoing, other suitors may also emerge, and Ampere's potential sale would align with a broader trend of semiconductor acquisitions.
Source: YAHOO