SoftBank Acquires US Chip Designer Ampere Computing: Wall Street Journal Report

Date:

The Wall Street Journal recently reported some of the day’s top stories, and one of the major highlights was SoftBank Group’s latest acquisition. The Japanese multinational conglomerate has inked a deal to acquire Ampere Computing Holdings, a U.S-based chip designer startup previously founded by Intel. However, Reuters, which relayed the news, has not independently verified these stories and therefore does not guarantee their accuracy.

Despite a minor dip of 1.97% in its stock value, SoftBank Group continues its strategic investments in the tech world. Similarly, Intel saw a significant decrease of 6.94% in its stock value. On the other hand, CVX and QXO experienced an increase in their shares by 2.01% and 0.46%, respectively.

Note: To enjoy unrestricted access to this news and more, you can login or create a free account.

© Copyright Thomson Reuters 2025. For restrictions, visit https://agency.reuters.com/en/copyright.html

LEAVE A REPLY

Please enter your comment!
Please enter your name here


Share post:

Subscribe

Popular

More like this
Related

Pump.Fun Rally: 5 Amazing Insights on Powerful Token Buybacks

Pump.Fun Rally is capturing attention as the cryptocurrency sees...

Ethereum Treasury Growth: 5 Amazing Reasons SharpLink’s Strategy is Winning

Ethereum Treasury strategies are taking center stage as companies...

CoinDCX Hack: 7 Shocking Secrets Behind the Fake Job Offer Scam

CoinDCX Hack: The recent cyberattack on CoinDCX has sent...

Bitcoin Recovery: 5 Amazing Insights into Altcoin Surge Post-Fed Decision

Bitcoin Recovery and Altcoin Surge have become the talking...