Reported 2 days ago
Qualcomm announced its acquisition of Alphawave IP Group for approximately $2.4 billion to strengthen its foothold in the AI data center market and diversify from smartphone chips. The deal, expected to finalize in Q1 2026, aims to leverage Alphawave's high-speed connectivity technologies alongside Qualcomm's efficient processing solutions. This acquisition reflects Qualcomm's strategic shift towards high-performance computing amid growing AI demands.
Source: YAHOO