📉 Qualcomm Buys Alphawave Semi for $2.4B
Qualcomm will acquire U.K.-based Alphawave Semi for approximately $2.4 billion to bolster its data center offerings amid slowing smartphone demand. CEO Cristiano Amon said the move aligns with Qualcomm’s broader diversification strategy, following its acquisitions of VinAI’s genAI unit and Edge Impulse. The deal …
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