Qualcomm to acquire chip designer Alphawave Semi for $2.4B

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Qualcomm to acquire chip designer Alphawave Semi for $2.4B

Qualcomm announced it has reached an agreement to acquire British chip design firm Alphawave Semi in a deal that's reportedly valued at $2.4 billion. The deal will play a key role in Qualcomm's growth across the data center market while complementing its Oryon mobile CPU and Hexagon NPU development.




Alphawave also holds key IP across custom silicon chips, AI and connectivity products. It also has "industry-leading high-speed connectivity solutions" for autonomous vehicles and solid-state storage.


Qualcomm's acquisition of Alphawave Semi represents a significant milestone for us...

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