What is ampere & how does it work?

Ampere is a modern semiconductor company designing the future of cloud computing with the world's first Cloud Native Processors. Built for the sustainable Cloud with the highest performance and best performance per watt, Ampere processors accelerate the delivery of all cloud computing applications.

Who owns ampere?

Ampere, which is based in Santa Clara, California and develops ARM-based computer processors for servers, is led by former Intel president Renee James. Oracle ( ORCL) has invested $426 million in Ampere and its accounting statements have implied at times that it owns anywhere between 20% and 50% of Ampere.

Who is ampere & why should you buy it?

Founded in 2018, Ampere is among a number of companies that aim to challenge Intel and Advanced Micro Devices Inc, which are dominant players in a booming market for data center and cloud computing chips. Chip demand surged during the pandemic with the shift to remote work.