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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

QUALCOMM (QCOM) to Acquire Alphawave for $2.4 Billion in Data Center Expansion Push

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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78% Informative

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 AI Stocks on Wall Street’s Radar.

On June 9 , the company reported that it has agreed to buy semiconductor company Alphawave IP Group Plc for an estimated $2.4 billion in cash.

The deal is subject to regulatory and shareholder approval, it is anticipated to close in the first quarter of 2026 .

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74

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71

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46

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formal

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English

Language complexity

64

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Attention-grabbing headline

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not detected

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medium-lived

Source diversity

1

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