Qualcomm Acquires Alphawave Semi
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QCOM stockBenzinga
•Technology
Technology
Qualcomm bets $2.4 billion on Alphawave to power AI data centers

78% Informative
The purchase price implies 183 pence per share for Alphawave, implying close to a 96% premium to the price immediately before Qualcomm disclosed its interest in the company.
The deal, subject to regulatory and shareholder approval, will likely close in the first quarter of 2026 .
QCOM stock is trading higher by 0.19% to $ 149.52 premarket at last check Monday .
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