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Qualcomm buys Alphawave for $2.4 billion to enhance AI chip capabilities.
US chipmaker Qualcomm has agreed to acquire British semiconductor firm Alphawave for $2.4 billion to boost its artificial intelligence capabilities.
Alphawave specializes in semiconductor technology for data centers, networking, and storage, particularly its 'serdes' technology, which enhances chip processing speeds.
The acquisition offers Alphawave shareholders a 96% premium, valued at 183 pence per share.
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Qualcomm compra Alphawave por $2.4 mil millones para mejorar las capacidades de los chips de IA.