Intel (INTC) is in discussions to acquire AI chip startup SambaNova for $1.6B, including debt, Ryan Gould, Liana Baker, and Ian King of Bloomberg reports, citing people familiar with the matter. The deal could come together as soon as next month, the sources told Bloomberg. The terms and the timing of the deal could change, and it is possible that SambaNova could opt to pursue another path, the sources added.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
- Mixed options sentiment in Intel with shares down 4.25%
- Trump Weekly: Nvidia AI chips unusual review, marijuana order expected
- Why Is AMD Stock Down Today?
- Trump Trade: Trump aiming to reduce restrictions on marijuana
- QQQ ETF Daily Snapshot, 12/12/2025