Latest news with #AlphawaveSemi
Yahoo
11-06-2025
- Business
- Yahoo
Qualcomm to Expand Into Data Centers With Alphawave Semi Buyout
Qualcomm Incorporated QCOM has inked a definitive agreement to acquire Alphawave Semi for an enterprise value of approximately $2.4 billion. The transaction, subject to the fulfillment of closing conditions and other mandatory regulatory approvals, is likely to be completed in the first quarter of 2026. The deal will offer Qualcomm an opportunity to expand its presence in high-growth applications, including data centers, artificial intelligence (AI), data networking and data advanced technology solutions that are complementary to power-efficient CPU and NPU cores, Alphawave Semi delivers connectivity products and chiplets that drive faster, more reliable data transfer with higher performance and lower power consumption for 5G wireless, AI and data center applications. The acquisition of this U.K.-based chip firm will likely enable Qualcomm to be the driving force of the next wave of AI April, Qualcomm acquired MovianAI, the former generative AI division of VinAI, a prominent Vietnam-based AI company. The acquisition provided Qualcomm access to VinAI's comprehensive expertise in generative AI, machine learning, computer vision and natural language processing, significantly accelerating its fundamental AI research. The integration of VinAI's portfolio with Qualcomm's extensive R&D expertise facilitated the development of state-of-the-art AI-driven solutions for a wide range of industries, including smartphones, PCs, software-defined vehicles and more. Intel Corporation INTC has launched the Intel Core Ultra (Series 2) processors engineered to redefine mobile computing for a wide range of use cases such as gaming, content creation, IT applications and various other businesses. This state-of-the-art lineup brings significant advancements in AI capabilities, improved performance and efficiency, setting new standards for AI computing. Intel has also introduced a new lineup of leading-edge processors to support AI workloads for edge devices. The Intel Core Ultra processors offer greater scalability, energy efficiency and impressive performance at the edge for a diverse range of use cases such as industrial IoT, autonomous vehicles and Micro Devices, Inc. AMD has strengthened its position in the semiconductor market on the back of its evolution as an enterprise-focused company from a pure-bred consumer-PC chip provider. The latest MI300 series accelerator family strengthens its competitive position in the generative AI space. The accelerator from Advanced Micro is based on AMD CDNA 3 accelerator architecture and supports up to 192 GB of HBM3 memory, enabling efficient running of large language model training (up to 80 billion parameters) and inference for generative AI workloads. Advanced Micro is also benefiting from strong enterprise adoption and expanded cloud deployments. Qualcomm shares have declined 26.1% over the past year against the industry's growth of 15.3%. Image Source: Zacks Investment Research Going by the price/earnings ratio, the company's shares currently trade at 13.18 forward earnings, lower than 30.77 for the industry and the stock's mean of 17.33. Image Source: Zacks Investment Research Earnings estimates for 2025 have decreased 0.17% to $11.8 per share over the past 60 days, while the same for 2026 have declined 4.1% to $12.07. Image Source: Zacks Investment Research Qualcomm stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
11-06-2025
- Business
- Globe and Mail
Qualcomm to Expand Into Data Centers With Alphawave Semi Buyout
Qualcomm Incorporated QCOM has inked a definitive agreement to acquire Alphawave Semi for an enterprise value of approximately $2.4 billion. The transaction, subject to the fulfillment of closing conditions and other mandatory regulatory approvals, is likely to be completed in the first quarter of 2026. The deal will offer Qualcomm an opportunity to expand its presence in high-growth applications, including data centers, artificial intelligence (AI), data networking and data storage. With advanced technology solutions that are complementary to power-efficient CPU and NPU cores, Alphawave Semi delivers connectivity products and chiplets that drive faster, more reliable data transfer with higher performance and lower power consumption for 5G wireless, AI and data center applications. The acquisition of this U.K.-based chip firm will likely enable Qualcomm to be the driving force of the next wave of AI innovation. In April, Qualcomm acquired MovianAI, the former generative AI division of VinAI, a prominent Vietnam-based AI company. The acquisition provided Qualcomm access to VinAI's comprehensive expertise in generative AI, machine learning, computer vision and natural language processing, significantly accelerating its fundamental AI research. The integration of VinAI's portfolio with Qualcomm's extensive R&D expertise facilitated the development of state-of-the-art AI-driven solutions for a wide range of industries, including smartphones, PCs, software-defined vehicles and more. Other Tech Firms Focusing on AI Chips Intel Corporation INTC has launched the Intel Core Ultra (Series 2) processors engineered to redefine mobile computing for a wide range of use cases such as gaming, content creation, IT applications and various other businesses. This state-of-the-art lineup brings significant advancements in AI capabilities, improved performance and efficiency, setting new standards for AI computing. Intel has also introduced a new lineup of leading-edge processors to support AI workloads for edge devices. The Intel Core Ultra processors offer greater scalability, energy efficiency and impressive performance at the edge for a diverse range of use cases such as industrial IoT, autonomous vehicles and more. Advanced Micro Devices, Inc. AMD has strengthened its position in the semiconductor market on the back of its evolution as an enterprise-focused company from a pure-bred consumer-PC chip provider. The latest MI300 series accelerator family strengthens its competitive position in the generative AI space. The accelerator from Advanced Micro is based on AMD CDNA 3 accelerator architecture and supports up to 192 GB of HBM3 memory, enabling efficient running of large language model training (up to 80 billion parameters) and inference for generative AI workloads. Advanced Micro is also benefiting from strong enterprise adoption and expanded cloud deployments. QCOM's Price Performance, Valuation and Estimates Qualcomm shares have declined 26.1% over the past year against the industry 's growth of 15.3%. Image Source: Zacks Investment Research Going by the price/earnings ratio, the company's shares currently trade at 13.18 forward earnings, lower than 30.77 for the industry and the stock's mean of 17.33. Earnings estimates for 2025 have decreased 0.17% to $11.8 per share over the past 60 days, while the same for 2026 have declined 4.1% to $12.07. Qualcomm stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report
Time of India
10-06-2025
- Business
- Time of India
Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
HighlightsQualcomm Incorporated has agreed to acquire Alphawave Semi for approximately $2.4 billion, aiming to expand into the rapidly growing artificial intelligence data center market. Alphawave Semi's shareholders will receive 183 pence per share, a nearly 96% premium compared to the closing price prior to Qualcomm's interest, causing Alphawave's shares to surge over 22%. Qualcomm's acquisition of Alphawave Semi is expected to close in the first calendar quarter of 2026 and is not anticipated to face significant regulatory challenges, as Alphawave has exited its Chinese joint venture. 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 surging more than 22%. Alphawave, which designs semiconductor tech for data centers, is the latest British company to be snapped up in a market plagued by low valuations and stunted growth, with U.S. buyers swooping on firms at comparatively low prices and better-performing bourses proving more attractive for share listings. It can help Qualcomm diversify into the data center market, as the biggest provider of smartphone chips looks to reduce its dependence on the industry. Qualcomm, which counts Apple and major android players such as Xiaomi among its customers, has doubled-down on catering to industries such as data centers and personal computers as the iPhone maker increasingly turns to in-house processors. "The acquisition of Alphawave Semi aims to further accelerate and provide key assets for Qualcomm's expansion into data centers," the company said. Alphawave shareholders will receive 183 pence per share - a near 96% premium to the March 31 closing price immediately before Qualcomm disclosed its interest. News of the deal sent the stock up more than 22%. Shares of Qualcomm rose about 4%. Qualcomm also made two alternative all-share offers for Alphawave on Monday after multiple deadline extensions from the UK takeover panel. However, Alphawave plans to unanimously recommend the cash offer to its shareholders, deeming it fair and reasonable. Jefferies analysts said they do not expect the deal to meet any material regulatory obstacles, after Alphawave exited its Chinese joint venture, WiseWave. "Alphawave has developed leading high-speed wired connectivity and compute technologies that are complementary to our power-efficient central processing unit and neural processing unit cores," Cristiano Amon, president and CEO of Qualcomm, said. The acquisition is expected to close during the first calendar quarter of 2026. SoftBank-owned Arm had also sought to acquire Alphawave but decided not to pursue the takeover, Reuters had reported in April citing sources.
Yahoo
10-06-2025
- Business
- Yahoo
Qualcomm to acquire Alphawave Semi in $2.4bn deal
Qualcomm has agreed to acquire UK-based semiconductor company Alphawave Semi at an implied enterprise value of approximately $2.4bn. Alphawave Semi specialises in high-speed wired connectivity and compute technologies, offering IP, custom silicon, connectivity products, and chiplets. These products are integral to the core infrastructure, enabling next-generation services across various high-growth applications, including data centres, AI, data networking, and data storage. The Alphawave board has unanimously recommended the deal. In April, Qualcomm confirmed that it was evaluating the possibility of making an offer to acquire Alphawave. Through this deal, Qualcomm intends to further expedite and offer key assets for its expansion into data centres. Qualcomm said its Oryon CPU and Hexagon NPU processors are positioned to meet the increasing demand for high-performance, low-power computing. This demand is driven by a rapid rise in AI inferencing and the shift towards custom CPUs in data centres. Alphawave Semi president and CEO Tony Pialis said: 'By combining our resources and expertise, we will be well-positioned to expand our product offerings, reach a broader customer base, and enhance our technological capabilities. 'Together, we will unlock new opportunities for growth, drive innovation, and create a leading player in AI compute and connectivity solutions.' Subject to certain conditions and regulatory approvals, the deal is anticipated to be completed during the first calendar quarter of 2026. Qualcomm president and CEO Cristiano Amon said: 'Under Tony's leadership Alphawave Semi has developed leading high-speed wired connectivity and compute technologies that are complementary to our power-efficient CPU and NPU cores. 'Qualcomm's advanced custom processors are a natural fit for data centre workloads. The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across a wide array of high growth areas, including data centre infrastructure.' "Qualcomm to acquire Alphawave Semi in $2.4bn deal" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Euronews
10-06-2025
- Business
- Euronews
Asian shares make modest gains as investors eye US-China talks
Asian shares were marginally higher on Tuesday as investors kept an eye on US-China trade talks that might help stave off a recession. Tokyo's Nikkei 225 gained 0.9% to 38,445.68, while the Kospi in South Korea jumped 0.3% to 2,865.12. Hong Kong's Hang Seng edged 0.3% higher, to 24,261.26 and the Shanghai Composite index was up 0.1% at 3,403.52. In Taiwan, the Taiex surged 2.1% to 22.253,46. Australia's S&P/ASX 200 advanced just less than 0.9% to 8.588,10. On Monday, the S&P 500 edged up just 0.1% and at 6,005.88 is within 2.3% of its record set in February. The Dow Jones Industrial Average slipped by 1 point, which is well below 0.1%, to 42,761.76. The Nasdaq composite added 0.3% to 19,591.24. A second day of talks between the US and China was planned after the two global powers met in London for negotiations. The hope is that they can eventually reach a deal to reduce painfully high tariffs against each other. Most of the tariff hikes imposed since US President Donald Trump escalated his trade war have been paused to allow trade in everything from tiny tech gadgets to enormous machinery. Hopes that President Donald Trump will lower his tariffs after reaching trade deals with countries around the world have helped the S&P 500 win back gains after it dropped roughly 20% from its record two months ago. The index is back above where it was when Trump shocked financial markets in April with his wide-ranging tariff announcement on so-called 'Liberation Day'. Some of the market's biggest moves came from the announcement of big buyout deals. Qualcomm rallied 4.1% after saying it agreed to buy Alphawave Semi in a deal valued at $2.4bn (€2.1bn). IonQ, meanwhile, rose 2.7% after the quantum computing and networking company said it agreed to purchase Oxford Ionics for nearly $1.08bn (€947.1mn). On the losing side of Wall Street was Warner Bros. Discovery, which flipped from a big early gain to a loss of 3% after saying it would split into two companies. One will get Warner Bros. Television, HBO Max and other studio brands, while the other will hold onto CNN, TNT Sports and other entertainment, sports and news television brands around the world, along with some digital products. Tesla recovered some of its sharp, recent drop. The electric vehicle company tumbled last week as Elon Musk's relationship with Trump broke apart, and it rose 4.6% on Monday after flipping between gains and losses earlier in the day. The frayed relationship could end up damaging Musk's other companies that get contracts from the US government, such as SpaceX. Rocket Lab, a space company that could pick up business at SpaceX's expense, rose 2.5%. In the bond market, the yield on the 10-year Treasury eased to 4.48% from 4.51% late Friday. It fell after a survey by the Federal Reserve Bank of New York found that consumers' expectations for coming inflation eased slightly in May. Economists expect a report due on Wednesday to show that inflation across the country accelerated last month to 2.5% from 2.3%. The Federal Reserve has been keeping its main interest rate steady as it waits to assess the inflationary effects of Trump's tariffs. A persistent increase in inflation expectations among US households could drive behaviour that creates a vicious cycle that only worsens inflation. In other dealings early on Tuesday, US benchmark crude oil picked up 31 cents to $65.45 per barrel. Brent crude, the international standard, also gained 31 cents, to $67.35. The dollar rose to 144.93 Japanese yen from 144.61 yen. The euro slipped to $1.1399 from $1.1421. L'Oréal has acquired a majority stake in the UK's Medik8 as it seeks to expand its position in the skincare market, the French beauty giant confirmed on Monday. As part of the deal, private equity firm Inflexion will remain a minority shareholder, and the current management committee will also stay in their roles. The cost of the stake is officially undisclosed, although the Financial Times reported last week that the potential deal was worth around €1bn. L'Oréal's share price was roughly unchanged on the news. 'We are delighted to welcome Medik8 to the L'Oréal family,' said Cyril Chapuy, President of L'Oréal LUXE. 'As a premium skincare range, with high levels of proven efficacy at an accessible price point, Medik8 perfectly complements our existing skincare portfolio,' he added. L'Oréal has been seeking to capitalise on the boom in science-driven skincare, partly driven by social media influencers. Brands already under its 'Dermatological Beauty Division' include La Roche-Posay, Cerave, Vichy, Skinceuticals, and Skinbetter Science. This unit brought in over €7bn in revenue in 2024, representing an almost 10% year-on-year rise, making it L'Oréal's fastest-growing division. Seeking to expand its portfolio, L'Oréal bought soap maker Aesop in 2023, and Korean beauty brand Dr.G in December. Last year, L'Oréal also acquired a 10% stake in skincare firm Galderma, as well as acquiring the beauty licence for Miu Miu. At the time of the Galderma deal, the French firm said it was 'increasingly investing in a more holistic approach, spanning the entire beauty routine' — thereby 'anticipating and intercepting the signs of skin ageing'. Medik8, founded in 2009, specialises in anti-ageing treatments and was bought by UK-based private equity firm Inflexion in 2021.
