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Stockreport

SiFive raises $400 million from Atreides, Nvidia for data-center chip technology [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
funding from Atreides Management, ? Nvidia and others to enter the booming market for data-center central processor chips. The ?round brings SiFive's valuation to $3.65 billion, and CEO Patrick Little told Reuters he expects it to be the ?firm's last round of funding before filing for a public offering, though he did not say when SiFive plans to do so. SiFive does not sell chips but instead sells blueprints that customers such as Alphabet's Google can customize for their own internal chip designs. That ?intellectual property business was for ?decades dominated by Arm Holdings, but Arm last month unveiled its own chips, making Arm for the first time a potential competitor to ?many of its longtime customers. Little said that Arm's new strategic direction opened an opportunity for SiFive to win over new customers. SiFive's designs use a new open chip standard called RISC-V ?that is ?overseen by a nonprofit foundation and not controlled ?by any single company, the way ?that Arm's ch [Read more]
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Stockreport

SiFive raises $400 million from Atreides, Nvidia for data-center chip technology [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
funding from Atreides Management, ? Nvidia and others to enter the booming market for data-center central processor chips. The ?round brings SiFive's valuation to $3.65 billion, and CEO Patrick Little told Reuters he expects it to be the ?firm's last round of funding before filing for a public offering, though he did not say when SiFive plans to do so. SiFive does not sell chips but instead sells blueprints that customers such as Alphabet's Google can customize for their own internal chip designs. That ?intellectual property business was for ?decades dominated by Arm Holdings, but Arm last month unveiled its own chips, making Arm for the first time a potential competitor to ?many of its longtime customers. Little said that Arm's new strategic direction opened an opportunity for SiFive to win over new customers. SiFive's designs use a new open chip standard called RISC-V ?that is ?overseen by a nonprofit foundation and not controlled ?by any single company, the way ?that Arm's ch [Read more]
IMPACT SNAPSHOT
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NVDA
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Price Change %
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%
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LAST PRICE AT
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%
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
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