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Oracle-backed chip startup Ampere exploring potential sale, Bloomberg says

Oracle-backed Ampere Computing has been working with a financial advisor over the past few months regarding a potential sale, Bloomberg’s Ian King, Ryan Gould, and Liana Baker report, citing people familiar with the matter. Ampere is said to be open to talks with a larger industry player on a potantial transaction, the report states, also indicating that the talks suggest that Ampere does not see an easy path toward an IPO.

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