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Nov 6, 2025 4:00 AM

SoftBank Explored Taking Over US Chipmaker Marvell To Merge With Arm: Report

SoftBank Group Corp. (OTC:SFTBY) explored a potential takeover of U.S. chipmaker Marvell Technology Inc. (NASDAQ:MRVL) earlier this year, with the idea of combining it with Arm Holdings (NASDAQ:ARM), the UK chip designer that it controls, according to a report.

Hardware Bet Amid AI Boom

The Japanese conglomerate’s CEO, Masayoshi Son, has been studying Marvell as a possible target on and off for years in a bid to beef up SoftBank’s hardware bet that can benefit from the artificial intelligence (AI) boom, Bloomberg reported on Thursday.

SoftBank even made overtures to Marvell several months ago, but the two sides couldn't reach an agreement on terms, the report said, citing people familiar with the matter.

SoftBank, Marvell, and Arm did not immediately respond to Benzinga‘s requests for comment.

SoftBank has sought to strengthen its AI plays through investments and acquisitions in different areas of technology. Apart from Arm, it has a major stake in ChatGPT owner OpenAI, and it bought the ...