SoftBank Explored Potential Takeover of U.S. Chipmaker Marvell to Boost AI Ambitions
- ByStartupStory | November 6, 2025
SoftBank Group Corp., the Japanese investment conglomerate led by billionaire Masayoshi Son, explored a possible takeover of U.S.-based semiconductor company Marvell Technology Inc. earlier in 2025, according to multiple sources familiar with the matter. Had the deal materialized, it would have stood as the semiconductor industry’s largest acquisition to date, with estimates suggesting the price could approach $100 billion.
The interest in Marvell aligns with SoftBank’s broader strategy to strengthen its hardware portfolio, particularly assets that could capitalize on the artificial intelligence (AI) boom. Marvell, a leading provider of chips essential for data centers, cloud computing, and AI processing, fits well with SoftBank’s vision of integrating AI-centric technologies with Arm Holdings, the U.K.-based chip designer that SoftBank controls.
SoftBank reportedly initiated discussions with Marvell several months ago, but the two parties were unable to reach an agreement on key terms, which ultimately prevented the deal from progressing further. Despite the setback, sources indicate SoftBank’s interest in Marvell remains ongoing and could be revisited in the future.
Masayoshi Son has consistently evaluated Marvell as a potential acquisition target over the years, viewing it as a strategic asset to complement SoftBank’s investments in AI and semiconductor technologies. Besides Arm, SoftBank has stakes in several technology companies, including significant positions in OpenAI and robotics firms.
A combined entity with Marvell and Arm would have positioned SoftBank uniquely in the semiconductor sector, creating synergies across chip design and manufacturing critical to advancing AI workloads globally. This potential consolidation underscores the increasing importance of semiconductor capabilities to underpin AI innovation and expansive cloud computing demands.
Marvell’s shares have faced downward pressure this year, reflecting broader volatility in the tech sector and concerns about an AI valuation bubble. However, it remains a key player with major clients such as Amazon Web Services and Microsoft that depend on its solutions.
While the takeover did not proceed, SoftBank’s exploration signals heightened M&A activity in the semiconductor space, with investors and conglomerates racing to secure technology assets central to the AI-driven future.
In summary, SoftBank’s evaluation of a $100 billion acquisition of Marvell Technology illustrates the Japanese giant’s ambition to double down on AI-related hardware investments, aiming to consolidate leadership alongside Arm in the semiconductor industry. Though agreement was not reached, the move highlights ongoing strategic shifts and competitive positioning in the global chip market amid accelerating AI adoption.






