The data-center chipmaker could be riding a wave of interest in its latest processors all the way to a public offering. Credit: iStock California-based chipmaker Ampere confidentially filed for an initial public offering on April 11, when it submitted a draft registration statement with the US Securities and Exchange Commission. Founded by the former Intel president Renée James in 2017, Ampere designs fabless server processors based on Arm architectures. It is riding a strong wave of recent demand thanks to its latest Altra and Altra Max CPUs, which are designed for the data center based on the Arm Neoverse N1 architecture. It counts the likes of ByteDance, Cloudflare, Equinix, Oracle, and Tencent as customers of its processors. Microsoft also recently announced the public preview of its new Azure virtual machines powered by the Arm-based Ampere Altra server processors. The VM series includes the general-purpose Dpsv5 and memory-optimized Epsv5 virtual machines, which Microsoft claims can deliver up to 50% better price-performance than comparable IBM x86-based VMs. By filing confidentially, Ampere does not have to make significant disclosures into its financial performance and operations until 15 days before the public offering and has greater flexibility in when it decides to float, if at all. Softbank-owned chip designer Arm is also expected to go public this year after its proposed acquistion by Nvidia was called off. Related content news Elon Musk’s xAI to build supercomputer to power next-gen Grok The reported supercomputer project coincides with xAI’s recent announcement of a $6 billion series B funding round. By Gyana Swain May 27, 2024 3 mins Supercomputers GPUs news Regulators sound out users on cloud services competition concerns Cloud customers are more concerned with technical barriers than egress fees in contemplating cloud platform switches, it seems. By John Leyden May 24, 2024 4 mins Cloud Management Multi Cloud how-to Backgrounding and foregrounding processes in the Linux terminal Running processes in the background can be convenient when you want to use your terminal window for something else while you wait for the first task to complete. By Sandra Henry-Stocker May 24, 2024 5 mins Linux news FCC proposes $6M fine for AI-generated robocall spoofing Biden’s voice The incident reignites concerns over the potential misuse of deepfakes, a technology that can create realistic and often undetectable audio and video forgeries. By Gyana Swain May 24, 2024 3 mins Artificial Intelligence PODCASTS VIDEOS RESOURCES EVENTS NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe