SoftBank Group mentioned Wednesday that it had reached a deal to acquire US semiconductor firm Ampere for US $6.5 billion.
The deal, which comes as demand for chips has exploded thanks to the AI increase, remains to be topic to regulatory approval, SoftBank mentioned in a press release.
Ampere Computing is a chip design firm “targeted on high-performance, vitality environment friendly, sustainable” AI expertise, based mostly on the ARM compute platform, the assertion mentioned.
SoftBank Group is already the bulk shareholder in Arm Holdings, whose expertise is utilized in 99% of smartphones.
The acquisition, which is anticipated to shut within the second half of 2025, would reinforce SoftBank’s aggressive push into AI.
In February, SoftBank Group and US tech big OpenAI introduced that they might type a three way partnership to supply superior synthetic intelligence to companies.
The 2 have been already working collectively on the Stargate drive introduced in January by US President Donald Trump to make investments up to $500 billion in synthetic intelligence infrastructure in the US.
© 2025 AFP
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