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FTC seeks more information about SoftBank's Ampere deal: Report

FTC seeks more information about SoftBank's Ampere deal: Report

Time of India02-07-2025
The U.S. Federal Trade Commission is seeking more details about
SoftBank
Group Corp's planned $6.5 billion purchase of semiconductor designer
Ampere Computing
, Bloomberg News reported on Tuesday.
The inquiry, known formally as a second request for information, suggests the acquisition may undergo an extended government review, the report said.
SoftBank announced the purchase of the startup in March, part of its efforts to ramp up its investments in
artificial intelligence infrastructure
.
The report did not state the reasoning for the
FTC
request.
SoftBank, Ampere and the FTC did not immediately respond to a request for comment.
SoftBank is an active investor in U.S. tech. It is leading the financing for the $500 billion
Stargate data centre project
and has agreed to invest $32 billion in
ChatGPT-maker OpenAI
.
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