Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Data center chip startup Ampere to release more powerful processor

Published 06/23/2020, 09:08 AM
Updated 06/23/2020, 09:10 AM
© Reuters.

By Stephen Nellis

(Reuters) - Ampere, the data center chip startup led by former Intel Corp (NASDAQ:INTC) executives and backed by Oracle Corp (NYSE:ORCL), on Tuesday announced a more powerful processor in its efforts to court cloud computing customers.

The Santa Clara, California-based company said its new chip, the Altra Max, will have 128 computing cores, up from the 80 of its predecessor the company announced in March.

The new chip will start shipping to some customers in the fourth quarter, with higher volumes expected by the middle of next year.

Ampere said the extra cores are important for additional security when chips are used in cloud computing data centers.

Ampere is trying to challenge Intel and Advanced Micro Devices (NASDAQ:AMD) Inc by targeting cloud customers such as Microsoft Corp (NASDAQ:MSFT), which is testing its chips, and Oracle, which has signed on as a customer in addition to being an investor.

Ampere also said it has produced test chips using a new 5-nanometer semiconductor fabrication process at Taiwan Semiconductor Manufacturing Co, which makes its chips, for processors that will be released in 2022.

TSMC has said it wants to build a $12 billion 5-nanometer chip factory, which industry insiders call a "fab," in Arizona that could come online in 2024.

Jeff Wittich, Ampere's senior vice president of products, said Ampere's future chips could be made there if its customers wanted.

"As long as (TSMC) follow their standard practices, and industry standard practices, there's nothing that would prevent us from running on 5-nanometer in an Arizona fab rather than a Taiwan fab," he said in an interview.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.