The cash-and-stock deal is valuing the Taiwanese semiconductor firm at $3.8 billion.

AMD is gaining ground at the largest buyers of computer processors, owners of the giant data centers that are the backbone of the Internet.

Switch is among the largest remaining listed data-center operators in the U.S.

Achieving the longest revenue growth streak of any S&P500 company.

Arm China’s board fired Allen Wu in 2020 for alleged conflicts of interest - but he has refused to leave.

The growing war chest underscores Huawei’s do-or-die effort to develop chips, networking gear and even smartphones free of American technology.

The likes of Meta, Alphabet and Amazon are in the firing line.

Potential suitors include GDS Holdings and EdgeConneX, sources told Bloomberg.

Move comes as data volumes explode, driving demand for cloud services.