Oracle's proxy statement indicates that they hold a 29% stake in Ampere Computing and may gain majority control by 2027, reflecting their significant investment strategy.
"The total carrying value of our investments in Ampere was $1.5 billion as of May 31, 2024, highlighting Oracle's commitment to the chip designer amidst ongoing losses."
"If either of such options is exercised by us or our co-investors, we would obtain control of Ampere and consolidate its results with our results of operations," emphasizing Oracle's strategic intentions.
Reports suggest that Ampere is not pursuing an IPO anymore and is considering a sale, indicating shifting dynamics in the semiconductor market.
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