According to Reuters, the new CEO of Arm’s emerging competitor SiFive said that Nvidia’s acquisition of Arm for US$40 billion has stimulated customers’ interest in deepening partnerships with them.

According to the report, the acquisition of Arm by Nvidia has triggered concerns in the chip industry that Nvidia may raise prices or make it more difficult for its competitors to use Arm's technology. Although both companies have promised that NVIDIA will maintain Arm's neutral model.

This acquisition has rekindled interest in RISC-V. The RISC-V architecture is an open source and does not belong to any manufacturer. SiFive is one of the chip design companies that is already operating in the market based on open source RISC-V.

It is reported that SiFive recently appointed Patrick Little, a former Qualcomm executive, as the new CEO. Little said that SiFive customers who had previously used his technology in chips contacted him within 48 hours after he took office and asked for closer cooperation on major designs.

In addition, Little pointed out, "The company must now take more strategic measures. Six of the top ten semiconductor companies have cooperated with SiFive. We have just launched a new round of financing. Now I know exactly where the money should be spent. "

SiFive raised an additional US$60 million from investors including SK Hynix and Saudi Aramco last month, and its existing investors (including venture capital units from Intel, Qualcomm and Western Digital) have also joined This round of financing.