From Barchart: 2025-06-16 15:41:00

Qualcomm is set to acquire Alphawave for $2.4 billion in a strategic move to expand its presence in the AI and connectivity space. This acquisition signals Qualcomm’s commitment to investing in cutting-edge technology to stay competitive in the market. The deal is expected to strengthen Qualcomm’s portfolio and enhance its offerings in the semiconductor sector. This move aligns with Qualcomm’s goal of driving innovation and growth in the fast-evolving tech industry. The acquisition is anticipated to have a significant impact on Qualcomm’s future growth and market position.



Read more at Barchart: Is Qualcomm Stock a Buy, Sell, or Hold on the $2.4B Alphawave Deal?