Intel Eyes SambaNova: $1.6 Billion AI Chip Deal Nears Completion

Founded in 2017 by Stanford professors, SambaNova specializes in custom chips optimized for artificial intelligence workloads. The company was valued at $5 billion in a 2021 funding round and has backing from investors such as Walden International. Intel CEO Lip-Bu Tan, who also chairs SambaNova, is seen as a key driver of the negotiations. If finalized, the acquisition would mark one of Intel’s largest AI-focused bets, underscoring its push to regain leadership in advanced computing.  

Notable updates  
• Intel in advanced talks to acquire SambaNova for $1.6 billion, including debt  
• Deal could close as early as January 2026, though terms remain fluid  
• SambaNova founded in 2017 by Stanford professors; valued at $5 billion in 2021  
• Walden International among early investors; Lip-Bu Tan chairs SambaNova and leads Intel  
• Acquisition would strengthen Intel’s AI chip portfolio against Nvidia and other rivals  

Major takeaway  
Intel’s potential acquisition of SambaNova signals a strategic pivot toward AI hardware dominance, aiming to close the gap with competitors and expand its global reach in next-generation computing.  

Sources: Bloomberg, Morningstar, Tech in Asia