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959 Qualcomm acquires Alphawave for $2.4B to expand into the AI data center market

Startups News
Nickie Louise @ Startups News · 06/09/2025 09:14 EDT

Qualcomm acquires Alphawave for $2.4B to expand into the AI data center market

Qualcomm is making a big move into the AI data center space. On Monday, the U.S. chipmaker announced that it’s acquiring the British semiconductor company Alphawave for approximately $2.4 billion, Reuters reported. The news sent Alphawave shares soaring nearly 25%. ...

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