Qualcomm to Expand Into Data Centers With Alphawave Semi Buyout [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
The transaction, subject to the fulfillment of closing conditions and other mandatory regulatory approvals, is likely to be completed in the first quarter of 2026. The deal will offer Qualcomm an opportunity to expand its presence in high-growth applications, including data centers, artificial intelligence (AI), data networking and data storage. With advanced technology solutions that are complementary to power-efficient CPU and NPU cores, Alphawave Semi delivers connectivity products and chiplets that drive faster, more reliable data transfer with higher performance and lower power consumption for 5G wireless, AI and data center applications. The acquisition of this U.K.-based chip firm will likely enable Qualcomm to be the driving force of the next wave of AI innovation. In April, Qualcomm acquired MovianAI, the former generative AI division of VinAI, a prominent Vietnam-based AI company. The acquisition provided Qualcomm access to VinAI's comprehensive expertise in generative A
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