Tenstorrent’s Blue Cheetah deal a harbinger of chiplet acquisition spree

By Majeed Ahmad, EDN | July 3, 2025

Less than a month after Qualcomm announced its acquisition of Alphawave Semi, another chiplet deal is in play. Artificial intelligence (AI) chip developer Tenstorrent has snapped up Blue Cheetah Analog Design after licensing its die-to-die (D2D) interconnect IP for AI and RISC-V chiplet solutions.

Blue Cheetah was founded in 2018 with an initial investment from Marvell co-founders Sehat Sutardja and Weili Dai and their pioneering vision for chiplets. Its BlueLynx D2D interconnect subsystem IP provides physical (PHY) and link layer chiplet interfaces compatible with both Open Compute Project (OCP) Bunch of Wires (BoW) and Universal Chiplet Interconnect Express (UCIe) standards.

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