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

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

Jefferies downgraded Alphawave IP (AWEVF) to Hold from Buy with a price target of 183 GBp, up from 160 GBp. The firm notes it ...

Weili Dai will be worth about $3.3 billion after Qualcomm completes its takeover of Alphawave, Bloomberg estimated.

Qualcomm has acquired Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion.

U.S. chipmaker Qualcomm agreed to acquire Alphawave for about $2.4 billion on Monday, as it expands into the booming AI data center market, sending shares of the British semiconductor company up by ...

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

Qualcomm Incorporated (NASDAQ:QCOM) is one of the 8 Best Inexpensive Stocks to Buy Right Now. On June 9, Qualcomm announced ...

Qualcomm is attractive now after news broke that it's buying Alphawave IP for $2.4 billion. Read why I maintain my buy rating on QCOM and more about the M&A.

Qualcomm (QCOM) is acquiring British semiconductor company Alphawave IP for about $2.4B to boost its AI technology portfolio.

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 has bid $2.4 billion to buy London Stock Exchange-listed connectivity specialist Alphawave Semi. If approved it will ...