Intel Eyes $1.6 Billion AI Chip Buy As It Takes On Nvidia's Turf

Benzinga · Dec 15, 2025 18:40

Intel Corp. (NASDAQ:INTC) is in advanced talks to buy artificial intelligence chip startupSambaNova Systemsfor about $1.6 billion, including debt, sources said.

The Palo Alto-based deal could close as soon as next month. Additionally, SambaNova could pursue another option, as it has signed term sheets with other potential investors, Bloomberg reported Saturday.

About SambaNova

Founded in 2017 by Stanford professors, SambaNova builds custom AI chips to compete withNvidia Corp.(NASDAQ:NVDA).

Also Read: Intel Ditches Sale Talks And Reinvents Networking Business Inside Its AI Strategy

Notably, Intel CEOLip-Bu Tanserves as SambaNova's chairman.

Moreover, his...

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