(Update) SoftBank to Acquire U.S. Chip Designer Ampere
Tokyo, March 20 (Jiji Press)--SoftBank Group Corp. said Thursday that it will acquire Ampere Computing Holdings LLC, a U.S. semiconductor design company, for 6.5 billion dollars, as part of its efforts to focus more on artificial intelligence technology.
The Japanese tech conglomerate aims to strengthen its capability to develop AI chips through the combination of the technologies of Ampere, a California startup, and Arm Holdings PLC, SoftBank's own chip design unit in Britain.
(2025/03/20-17:52)
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