Oracle to use Ampere's newest chips in its cloud offering

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Oracle to use Ampere's newest chips in its cloud offering
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Oracle said on Tuesday that it would use Ampere Computing's flagship processor chips in its cloud computing service, in a boost to the chip company that has filed for an initial public offering. Ampere, which was founded by former Intel executives, designs chips for data centers using technology from Arm Holdings and outsources production to Taiwan's TSMC. Ampere aimed to create chips that are designed to be more energy efficient than traditional processors from Intel and Advanced Micro Devices, both of which have subsequently announced offerings that compete with Ampere's chips.

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