Does Ampere Computing have an IPO?

(Reporting by Niket Nishant in Bengaluru; Editing by Amy Caren Daniel) Chipmaker Ampere Computing, founded by the former president of Intel Corp, said on Monday it had confidentially filed for an initial public offering (IPO) in the United States.

Is Ampere Computing a good stock to buy this year?

If it IPOs this year, Ampere Computing could be a top stock to keep close tabs on. Startup chip designer Ampere Computing recently filed for an initial public offering (IPO). The company was founded in 2017 but is experiencing rapid growth as data center operators adopt its cloud-native processors.

Who owns Ampere Computing?

The most relevant is its equity stake in Ampere Computing, a designer of Arm-based processors for data centers, which already has Oracle ORCL, Microsoft MSFT, and Alphabet GOOGL as customers. Ampere was founded by former Intel president Renee James in 2018, and it has an architectural license with Arm.