Qualcomm Inc. has agreed to buy London-listed semiconductor company Alphawave IP Group Plc for about $2.4 billion in cash to expand its technology for artificial intelligence.

Qualcomm announced that it would purchase Alphawave IP Group for an estimated $2.4 billion in implied enterprise value.

With Qualcomm’s plan to acquire UK chipmaker Alphawave, the company is trying to expand its AI and data center capabilities ...

Dai Weili holds 96.3 million shares of London-listed semiconductor firm Alphawave IP Group, making her its second-largest ...

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 AI Stocks on Wall Street’s Radar. On June 9, the company reported that ...

Qualcomm on Monday sealed a deal to acquire Britain’s Alphawave IP Group in what the company said was an effort to pair ...

Qualcomm is boosting its position in the artificial intelligence space, with the acquisition of data center chip specialist ...

The deal for the U.K.-listed semiconductor company comes as Qualcomm seeks to boost its portfolio of technology for AI, data ...

The companies announced the transaction today. It doesn’t come as a surprise: Qualcomm first disclosed plans to make a bid ...

Alphawave Semi’s high-speed wired connectivity and compute technologies complement Qualcomm’s next-gen custom Qualcomm Oryon ...

Alphawave's inconsistent financials and strategic uncertainty make a higher rival bid unlikely. Click here to read more about ...

The purchase will help Qualcomm pair its processors with high-speed connectivity and compute technologies to support ever ...