SoftBank Group inked a deal to purchase U.S.-based chip designer Ampere Computing Holdings for $6.5 billion, the latest in a series of investments to advance its artificial-intelligence initiatives.

SoftBank said it is paying $6.5 billion in cash for Ampere Computing.KAZUHIRO NOGI/AFP via Getty Images SoftBank said it's acquiring chip designer Ampere Computing for $6.5 billion in cash.

SANTA CLARA, California/TOKYO :Japanese technology investor SoftBank Group is accelerating its move into chip technology companies with the $6.5 billion purchase of Ampere Computing, a U.S. chip ...

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The Japanese giant expects the deal to close in the second ...

Arm’s Japanese owner, SoftBank ... would Ampere’s acquisition fit into Stargate? The Next Platform notes, “probably somewhere around 1,500 of the nearly 2,000 people at Ampere Computing ...

SoftBank (OTCPK ... stakes in the company. Ampere will remain headquartered in Santa Clara, CA. Ampere, founded in 2018 in Silicon Valley, specializes in cloud-native computing and sustainable ...

SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure. “The future of ...

TOKYO & SANTA CLARA, Calif.--(BUSINESS WIRE)--SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) today announced that it will acquire Ampere® Computing, a leading independent silicon design company, ...

SoftBank 9984-1.97%decrease; red down pointing triangle Group inked a deal to purchase U.S.-based chip designer Ampere Computing Holdings for $6.5 billion, the latest in a series of investments to ...

SoftBank said it's acquiring chip designer Ampere Computing for $6.5 billion in cash. Ampere will operate as a subsidiary, keeping its name and headquarters in Santa Clara. SoftBank's CEO said the ...