Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
In a filing, Oracle reveals a 29% stake in server CPU design startup Ampere with an option to own; Ampere's CEO Renee James is stepping down from Oracle's board (Bloomberg) https://t.co/HVAy8qMzJL 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/O3vKmnq9ax
Tech giant Oracle has made a strategic investment in chipmaker Ampere, potentially gaining ownership in the company. Stay tuned for updates on this developing story. #Oracle #Ampere #TechInvestment $NDX $ORCL
Oracle said it owns 29% of startup Ampere and can exercise future investments options that would give it control of the chipmaker https://t.co/RpEGgFEZdp
Oracle Corporation ($ORCL) has surged 20% in September, driven by bullish signals from its AI and cloud strategy. The tech giant has also revealed in a filing a significant investment in chipmaker Ampere, owning 29% of the startup with options to gain full control in the future. This strategic move marks a major development in the technology sector. Ampere's CEO, Renee James, is stepping down from Oracle's board.