SoftBank Nears Deal to Acquire Chip Designer Ampere

Deal could value Oracle-backed Ampere at about $6.5 billion
Chip companies looking to capitalize on AI spending boom

The SoftBank logo in the entrance hall inside the Tokyo Portcity Takeshiba building, which houses the company's headquarters.Photographer: Toru Hanai/Bloomberg

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By Liana Baker, Ryan Gould, and Ian King

February 5, 2025 at 8:00 PM UTC

Updated on

February 5, 2025 at 10:06 PM UTC

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SoftBank Group Corp. is in advanced talks to acquire Ampere Computing LLC, people familiar with the matter said.

The Japanese company is discussing a deal that could value the Oracle Corp.-backed chip designer at about $6.5 billion, including debt, according to the people. A transaction may be announced in the coming weeks, they said.