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Qualcomm to acquire Alphawave Semi for $2.4B [Yahoo! Finance]
Last qualcomm incorporated earnings: 4/29 04:01 pm
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US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Semiconductor giant Qualcomm Inc. has agreed to buy Alphawave Semi for $2.4 billion in an effort to better position itself for the artificial intelligence and data center boom. The acquisition, expected to close during the first quarter of 2026, would provide San Diego-based Qualcomm with key assets from Alphawave, a U.K.-based chip designer focused on high-speed connectivity and compute silicon for 5G wireless, AI and data center applications. The deal is part of a recent acquisition spree by Qualcomm to build out and enhance its product capabilities for the next generation of technologies. In recent years, Qualcomm, a competitor with Intel, Apple and Nvidia, has been in growth mode to be part of the next wave of AI smartphones and expand into new markets. In April, the company said it acquired the generative AI division of Vietnam-based company VinAI to improve research and development and accelerate the creation of advanced solutions for smartphones, PCs, vehicles and othe
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