Latest news with #VinAI
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
TechCrunch
09-06-2025
- Business
- TechCrunch
Qualcomm to acquire semiconductor firm Alphawave Semi for $2.4B
In Brief Qualcomm has agreed to acquire Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion. According to Qualcomm CEO Cristiano Amon, the deal will help Qualcomm grow its data center business. '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 center infrastructure,' Amon said in a press release. Qualcomm's acquisition of Alphawave, which makes a range of wired connectivity and compute technologies, comes a few months after the bigger chip company bought the generative AI division of Vietnamese startup VinAI, as well as internet of things company Edge Impulse. Qualcomm has sought to diversify its portfolio as it faces headwinds, including a weakening smartphone market — smartphone processors make up a big portion of Qualcomm's revenue — and potentially tariffs. The deal is expected to close during the first calendar quarter of 2026.
Yahoo
03-04-2025
- Automotive
- Yahoo
Qualcomm acquires MovianAI to strengthen genAI portfolio
US chipmaker Qualcomm has announced the acquisition of Vietnamese AI developer MovianAI for undisclosed sum. MovianAI is the generative AI (genAI) arm of VinAI Application and Research JSC, a machine learning research lab. VinAI is a unit of Vingroup, one of Vietnam's largest conglomerates. Led by Dr Hung Bui, former Google DeepMind research scientist, MovianAI's parent organisation VinAI's generative AI team has significant expertise in AI, from advanced research to the development of customised AI models and engineering. Commenting on the acquisition, Bui, the founder and CEO of VinAI said: 'We are ready to contribute to Qualcomm's mission of making breakthroughs in fundamental AI research and scale them across industries, including smartphones, PCs, software-defined vehicles, and more. 'Our team's expertise in generative AI and machine learning will help accelerate the development of innovative solutions that can transform the way we live and work.' The integration of VinAI's generative AI research and development (R&D) capabilities with Qualcomm's R&D efforts is expected to enhance the company's ability to innovate in the AI sector, the chipmaker said. Qualcomm Technologies engineering senior vice-president Jilei Hou said: 'This acquisition underscores our commitment to dedicating the necessary resources to R&D that makes us the driving force behind the next wave of AI innovation. 'By bringing in high-calibre talent from VinAI, we are strengthening our ability to deliver cutting-edge AI solutions that will benefit a wide range of industries and consumers.' For more than two decades, Qualcomm is said to have collaborated with the Vietnamese technology ecosystem to develop and deliver new solutions. In October 2024, UK-based semiconductor company Arm Holdings notified Qualcomm of the cancellation of their architectural license agreement. "Qualcomm acquires MovianAI to strengthen genAI portfolio" 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
Forbes
02-04-2025
- Business
- Forbes
Vietnamese Billionaire Pham Nhat Vuong's VinGroup Sells AI Venture To Qualcomm
AI. Big data concept. 3D render getty Vingroup—controlled by billionaire Pham Nhat Vuong, Vietnam's wealthiest person—has sold its generative artificial intelligence (AI) division to U.S. chipmaker Qualcomm. Qualcomm has acquired MovianAI Artificial Intelligence Application and Research, the San Diego, California-based company said in a statement, without disclosing the amount. MovianAI is the former generative AI division of VinAI Application and Research JSC, part of Vingroup, Vietnam's largest conglomerate. 'By bringing in high-caliber talent from VinAI, we are strengthening our ability to deliver cutting-edge AI solutions that will benefit a wide range of industries and consumers,' said Jilei Hou, senior vice president of engineering at Qualcomm. This acquisition will help make Qualcomm 'the driving force behind the next wave of AI innovation.' VinAI founder and CEO Hung Bui, who previously worked at Google DeepMind, will join Qualcomm as part of the deal. He built VinAI's expertise in generative AI, machine learning, computer vision, and natural language processing. Qualcomm said it has been building up its AI research and development capabilities internally to create advanced AI solutions for smartphones, computers, and vehicles. 'We are ready to contribute to Qualcomm's mission of making breakthroughs in fundamental AI research and scale them across industries,' Hung said. 'Our team's expertise in generative AI and machine learning will help accelerate the development of innovative solutions that can transform the way we live and work.' The U.S. tech giant said it's been working with the Vietnamese technology ecosystem in the past two decades to create and deliver innovative solutions. Its innovations in the areas of 5G, AI, Internet of Things and automotive helped boost Vietnam's information and communication technology industry and put Vietnamese companies globally. With a real-time net worth of $7.7 billion, Pham got his start from an instant noodles business he founded in Ukraine in 1993. He sold the business to Nestle in 2010, using the proceeds to start Vingroup, which has since grown to become a diversified conglomerate with interests in real estate, retail, healthcare, education, autos and technology.
