Intel Offers $2 Billion for RISC-V Chip Startup SiFive: Bloomberg

According to Bloomberg’s sources, Intel has offered $2 billion for startup chip designer SiFive, though neither company has officially acknowledged the offer. SiFive is the leading designer of chips based on the open source RISC-V architecture that has coincidentally attracted much more interest in the wake of Nvidia’s ongoing acquisition of Arm for $40 billion. The reports of the possible SiFive acquisition come on the heels of SiFive’s announcement that it will collaborate with Intel’s newly-christened foundry services.

SiFive, most recently valued at $500 million, is reportedly considering takeover offers from multiple firms and it may still choose to remain an independent outfit. Much of the new interest in SiFive and RISC-V stems from firms looking to avoid any potential pitfalls due to Nvidia’s potential control of Arm. 

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