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Stockreport

Qualcomm wraps up $2.4bn acquisition of Alphawave Semi [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 company reported that the transaction was completed a quarter ahead of schedule. Announced in June 2025, the deal was originally expected to close in the first quarter of 2026. Tony Pialis, CEO and co-founder of Alphawave Semi, will lead Qualcomm's data centre business. Pialis said: “Joining Qualcomm marks an exciting new chapter for Alphawave Semi. “We are ready to bring our leadership in high-speed connectivity and custom silicon to help shape the future of data centre innovation.” According to Qualcomm, the acquisition is intended to provide key assets for its strategy to expand into data centres. The company noted that its Oryon CPU and Hexagon NPU processors are positioned to address growing demand in high-performance, low-power computing, which is linked to increased AI inferencing and a move towards custom central processing units (CPUs) in data centres. Alphawave Semi develops high-speed wired connectivity and compute technologies. These include IP, custom s [Read more]
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Stockreport

Qualcomm wraps up $2.4bn acquisition of Alphawave Semi [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 company reported that the transaction was completed a quarter ahead of schedule. Announced in June 2025, the deal was originally expected to close in the first quarter of 2026. Tony Pialis, CEO and co-founder of Alphawave Semi, will lead Qualcomm's data centre business. Pialis said: “Joining Qualcomm marks an exciting new chapter for Alphawave Semi. “We are ready to bring our leadership in high-speed connectivity and custom silicon to help shape the future of data centre innovation.” According to Qualcomm, the acquisition is intended to provide key assets for its strategy to expand into data centres. The company noted that its Oryon CPU and Hexagon NPU processors are positioned to address growing demand in high-performance, low-power computing, which is linked to increased AI inferencing and a move towards custom central processing units (CPUs) in data centres. Alphawave Semi develops high-speed wired connectivity and compute technologies. These include IP, custom s [Read more]
IMPACT SNAPSHOT
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