Intel, SiFive end talks without deal - Bloomberg News

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Intel Corp's talks with SiFive Inc have ended without a deal and the chip designer startup will look for outside investment instead, Bloomberg News reported on Thursday, citing people with knowledge of the matter. According to the report, the talks fell apart as the companies could not agree on financial

Intel Corp's talks with SiFive Inc have ended without a deal and the chip designer startup will look for outside investment instead, Bloomberg News reported on Thursday, citing people with knowledge of the matter.SiFive said it does not comment on speculations but confirmed it would continue to be Intel's partner on new chip designs. Intel did not immediately respond to a Reuters request for comment.

In June, a source told Reuters that Intel was debating a possible offer to buy SiFive, a company closely associated with an open-source technology called RISC-V that is challenging the rise of Intel's rival, Arm Ltd. Arm, which is being acquired by Nvidia Corp for US$40 billion, and SiFive sell intellectual property such as chip designs to others who ultimately produce the chips. Purchasing SiFive would have given Intel a library of intellectual property it could use both in its chips and offer to license to future customers, as it works to build a business by opening up its chip factories to outsiders.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.


Source: BusinessTimes - 🏆 15. / 51 Read more »

Brief queues but mostly smooth sailing as malls enforce vaccination-differentiated entry measuresSINGAPORE: While brief queues were occasionally seen outside various shopping malls on Wednesday (Oct 20), vaccination-differentiated entry measures seemed to have been enforced without a hitch following the end of the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

A nurse made his entire day's wages trading crypto on his lunch break, so he quit his day job and now makes 7 figuresThe 31-year-old quit his day job after hiring a financial adviser and making sure he had enough money saved up 'in case it didn't work out'. YahooFinance
Source: YahooSG - 🏆 3. / 71 Read more »

Melbourne welcomes vaccinated Sydney residents without quarantineSYDNEY: Travel restrictions between Sydney and Melbourne, Australia\u0027s largest cities, eased on Wednesday (Oct 20) as Victoria opened its borders to fully vaccinated residents from New South Wales amid a rapid rise in immunisation levels. With cases trending lower in New South Wales, including Sydney, resid
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Melbourne welcomes vaccinated Sydney residents without quarantineSYDNEY — Travel restrictions between Sydney and Melbourne, Australia's largest cities, eased on Wednesday (Oct 20) as Victoria opened its borders to fully vaccinated residents from New South Wales amid a rapid rise in immunisation levels.
Source: TODAYonline - 🏆 1. / 99 Read more »

Russia says Putin won't fly to Glasgow, in blow for climate talksMOSCOW: Russia delivered a blow to hopes of a breakthrough international deal on climate change when the Kremlin said on Wednesday (Oct 20) that President Vladimir Putin would not fly to Scotland for talks starting at the end of this month. Putin\u0027s spokesman Dmitry Peskov said he would take part remotely,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »