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Posted 9/22/2023, 10:24:00 PM

Oracle Invests Over $500M in ARM Chipmaker Ampere for Cloud Computing Advantage

Oracle agreed to prepay over $100 million for Ampere chips
Oracle invested $400 million in Ampere through a convertible note
Ampere makes ARM-based server chips that compete with Intel and AMD
Oracle has invested hundreds of millions in Ampere for cloud advantage
Amazon and Google make their own chips while Oracle uses Ampere

reuters.com

Relevant topic timeline:

9/11/2023

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