Ampere Computing, which offers 64-bit Arm processors for hyperscale cloud and edge computing workloads and applications, submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission for a proposed initial public offering of common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Renee James, a former Intel executive , founded Ampere in 2018 and is the company’s Chairman and CEO.
