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

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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