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Stockreport

Qualcomm Stock Rises After $2.4 Billion Alphawave Semi Deal [Yahoo! Finance]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Yahoo! Finance
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
The deal strengthens Qualcomm's capabilities in high-speed connectivity and complements its Oryon CPU and Hexagon NPU processors. CEO Cristiano Amon said Alphawave's technologies will enhance performance and efficiency for next-generation AI data centers. Warning! GuruFocus has detected 7 Warning Signs with QCOM. Is QCOM fairly valued? Test your thesis with our free DCF calculator. Tony Pialis, Alphawave's co-founder and CEO, will lead Qualcomm's data center business. Qualcomm first announced its intent to acquire Alphawave in June, citing the need to expand further into enterprise and AI markets. Alphawave specializes in serializer-deserializer technology, which determines the speed at which information moves on and off chipsa key factor for large-scale AI workloads requiring multiple chips to operate in tandem. The acquisition is expected to boost Qualcomm's position in AI and data center solutions while leveraging Alphawave's high-speed wired connectivity. Analysts say t [Read more]

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Stockreport

Qualcomm Stock Rises After $2.4 Billion Alphawave Semi Deal [Yahoo! Finance]

QUALCOMM Incorporated  (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
The deal strengthens Qualcomm's capabilities in high-speed connectivity and complements its Oryon CPU and Hexagon NPU processors. CEO Cristiano Amon said Alphawave's technologies will enhance performance and efficiency for next-generation AI data centers. Warning! GuruFocus has detected 7 Warning Signs with QCOM. Is QCOM fairly valued? Test your thesis with our free DCF calculator. Tony Pialis, Alphawave's co-founder and CEO, will lead Qualcomm's data center business. Qualcomm first announced its intent to acquire Alphawave in June, citing the need to expand further into enterprise and AI markets. Alphawave specializes in serializer-deserializer technology, which determines the speed at which information moves on and off chipsa key factor for large-scale AI workloads requiring multiple chips to operate in tandem. The acquisition is expected to boost Qualcomm's position in AI and data center solutions while leveraging Alphawave's high-speed wired connectivity. Analysts say t [Read more]

IMPACT SNAPSHOT
EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
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NEWS EVENT
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