Intel has signed a term sheet outlining its plan to acquire the AI chip startup SambaNova Systems. The agreement comes from two sources with direct knowledge, marking a significant step in the deal. This move highlights ongoing consolidation in the semiconductor industry.
Intel, a major player in the chip manufacturing sector, has taken a key step toward acquiring SambaNova Systems, a startup focused on AI chips. According to two sources familiar with the matter, the companies have signed a term sheet that details the potential acquisition. This preliminary agreement signals Intel's intent to bolster its position in artificial intelligence hardware amid competitive pressures in semiconductors.
The development was reported on December 9, 2025, underscoring the rapid pace of deals in the tech landscape. SambaNova Systems, known for its innovative AI processing solutions, represents a strategic target for Intel as it seeks to expand its portfolio beyond traditional computing chips. While financial terms remain undisclosed, the term sheet indicates progress toward a full acquisition.
This potential merger aligns with broader trends in the industry, where established firms are acquiring specialized startups to keep pace with AI advancements. No further details on timelines or regulatory hurdles were available from the sources.