Reported about 10 hours ago
SoftBank Group Corp. has considered a potential takeover of the U.S. chipmaker Marvell Technology Inc. earlier this year, marking a significant move in the semiconductor industry. Masayoshi Son, SoftBank's founder, is keen on acquiring firms that can capitalize on the AI boom. While talks occurred, no agreement was reached, although there is potential for renewed interest. Combining Marvell with Arm Holdings, which SoftBank already controls, could enhance their competitive edge in AI chip design. However, regulatory challenges and market uncertainties may complicate any acquisition efforts.
Source: YAHOO