Chipmakers' Biggest Buys and Sells of 2019 - SDxCentral
The past year has been inundated by a wave of consolidation among chipmakers. Throughout 2019, billions of dollars changed hands as industry giants attempted to fill gaps in their product lines and bolster their positions in some of the world's most competitive markets including data center connectivity, artificial intelligence (AI), and 5G networking. Here's a rundown of 2019's five hungriest hippos and the silicon morsels they gobbled up or tossed aside. Intel closed out 2019 by betting big on AI with the purchase of AI startup Habana Labs for $2 billion. The purchase is aimed at cementing Intel's position in the highly competitive data center processor space, which the company predicts will be worth more than $25 billion by 2024.
Dec-27-2019, 13:15:13 GMT
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