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 Cisco patches actively exploited zero-day flaw in Nexus switches The moderate-severity vulnerability has been observed being exploited in the wild by Chinese APT Velvet Ant. By Lucian Constantin Jul 02, 2024 1 min Network Switches Network Security news Nokia to buy optical networker Infinera for $2.3 billion Customers struggling with managing systems able to handle the scale and power needs of soaring generative AI and cloud operations is fueling the deal. By Evan Schuman Jul 02, 2024 4 mins Mergers and Acquisitions Networking news French antitrust charges threaten Nvidia amid AI chip market surge Enforcement of charges could significantly impact global AI markets and customers, prompting operational changes. By Prasanth Aby Thomas Jul 02, 2024 3 mins Technology Industry GPUs Cloud Computing news Lenovo adds new AI solutions, expands Neptune cooling range to enable heat reuse Lenovo’s updated liquid cooling addresses the heat generated by data centers running AI workloads, while new services help enterprises get started with AI. By Lynn Greiner Jul 02, 2024 4 mins Cooling Systems Generative AI Data Center PODCASTS VIDEOS RESOURCES EVENTS NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe