The Zhitong Finance App learned that on Wednesday, Intel (INTC.US) once fell more than 3%. As of press release, the stock had fallen more than 2% to $39.57. According to the news, the company is close to reaching a deal to acquire AI chip startup SambaNovaSystems. Two people familiar with the matter said that the two parties have signed the list of terms. However, the final deal may take some time, as regulatory approvals, liability reviews, and due diligence have yet to be completed. Reports of a potential deal between the two sides first appeared in October. If the deal is finalized, the amount would be less than $5 billion (this is SambaNova's valuation in the most recent round of financing in 2021).

The Zhitong Finance App learned that on Wednesday, Intel (INTC.US) once fell more than 3%. As of press release, the stock had fallen more than 2% to $39.57. According to the news, the company is close to reaching a deal to acquire AI chip startup SambaNovaSystems. Two people familiar with the matter said that the two parties have signed the list of terms. However, the final deal may take some time, as regulatory approvals, liability reviews, and due diligence have yet to be completed. Reports of a potential deal between the two sides first appeared in October. If the deal is finalized, the amount would be less than $5 billion (this is SambaNova's valuation in the most recent round of financing in 2021).