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Mergers & Acquisitions ·

Apple Inc. entered into a definitive agreement to acquire a private AI chip startup for approximately $1.2 billion in…

AAPLApple Inc.

Apple Inc. entered into a definitive agreement to acquire a private AI chip startup for approximately $1.2 billion in cash, with the transaction expected to close in Q3 2026. The company also appointed Dr. Sarah Chen as Senior Vice President of Silicon Engineering, effective June 1, 2026.

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