SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

iPronics raises $125 million for data center networking chips

Spain-based iPronics said it raised $125 million in venture capital, with participation from Nvidia, to develop a data center networking chip type aimed at connecting hundreds of thousands of computing chips.

NVDA

By Stephen NellisValencia, Spain-based startup iPronics said Tuesday that it has raised $125 million in venture capital with participation from Nvidia NASDAQ:NVDA to shrink a new type of data center networking chip that could connect hundreds of thousands of computing chips.iPronics is developing w…