Story perspectives
Intel Eyes SambaNova Acquisition to Boost AI Competitiveness
11/1/2025
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Story summary
- Intel Corp. is in early discussions to acquire SambaNova Systems Inc., with a valuation below SambaNova's $5 billion 2021 funding round.
- SambaNova, founded in 2017, specializes in custom AI chips and systems.
- Intel aims to sharpen competitiveness with Nvidia in AI hardware.
- Intel plans to re-enter the AI GPU market next year.
- Intel recently reported a 3% year-over-year revenue increase, totaling $13.7 billion for the third quarter of 2025.
