Latest news with #Alphawave
Yahoo
27-05-2025
- Business
- Yahoo
Alphawave Talks Boost Qualcomm Stock Ahead
Qualcomm's (NASDAQ:QCOM) stock got an early boost todayup just over 2% before markets openedafter it snagged a fresh deadline to firm up its roughly $1.4 billion bid for U.K. chip IP specialist Alphawave. Earlier, QCOM had dipped about 1.35% during normal hours, but word that Alphawave's put up or shut up clock has been reset to June 2 (the third push-out since late April) lit a spark under shares. Alphawave's valuation clocks in at about 1.1 billionaround $1.4 billionand its own stock jumped 8% on the news, even though no official offer has landed yet. Warning! GuruFocus has detected 5 Warning Signs with QCOM. Why it matters: Alphawave's tech is a linchpin for AI processor connections, which lines up perfectly with Qualcomm's big-picture AI roadmap. As J.P. Morgan's Samik Chatterjee points out, snapping up Alphawave would slot neatly alongside QCOM's Nuvia buy, beefing up its data-center connectivity chops and turbocharging its CPU and AI inference play. For investors, the potential payoff is clearseal this deal, and Qualcomm could speed up its push into next-gen data centers and AI hardware, opening fresh revenue channels just as demand for high-speed, low-latency chips ramps up. Now all eyes are on June 2: will Qualcomm finally make a formal bid, or will Alphawave buy more time? Either way, today's extension keeps the takeover dramaand the stock's momentumright on track. The chart above shows Qualcomm Inc. (NASDAQ:QCOM) with a 12-month average price target of $177.64 as of May 27, 2025, representing a projected upside of 22.19% from its current level. The highest analyst target stands at $270, suggesting strong bullish sentiment, while the lowest forecast is $140, indicating downside risk. The intrinsic or GF Value is pegged at $160.10, hinting that the stock may be slightly undervalued based on current fundamentals. Overall, analysts anticipate moderate growth, with a wide range reflecting varied views on the chipmaker's prospects. This article first appeared on GuruFocus.
Yahoo
27-05-2025
- Business
- Yahoo
Alphawave Talks Boost Qualcomm Stock Ahead
Qualcomm's (NASDAQ:QCOM) stock got an early boost todayup just over 2% before markets openedafter it snagged a fresh deadline to firm up its roughly $1.4 billion bid for U.K. chip IP specialist Alphawave. Earlier, QCOM had dipped about 1.35% during normal hours, but word that Alphawave's put up or shut up clock has been reset to June 2 (the third push-out since late April) lit a spark under shares. Alphawave's valuation clocks in at about 1.1 billionaround $1.4 billionand its own stock jumped 8% on the news, even though no official offer has landed yet. Warning! GuruFocus has detected 5 Warning Signs with QCOM. Why it matters: Alphawave's tech is a linchpin for AI processor connections, which lines up perfectly with Qualcomm's big-picture AI roadmap. As J.P. Morgan's Samik Chatterjee points out, snapping up Alphawave would slot neatly alongside QCOM's Nuvia buy, beefing up its data-center connectivity chops and turbocharging its CPU and AI inference play. For investors, the potential payoff is clearseal this deal, and Qualcomm could speed up its push into next-gen data centers and AI hardware, opening fresh revenue channels just as demand for high-speed, low-latency chips ramps up. Now all eyes are on June 2: will Qualcomm finally make a formal bid, or will Alphawave buy more time? Either way, today's extension keeps the takeover dramaand the stock's momentumright on track. The chart above shows Qualcomm Inc. (NASDAQ:QCOM) with a 12-month average price target of $177.64 as of May 27, 2025, representing a projected upside of 22.19% from its current level. The highest analyst target stands at $270, suggesting strong bullish sentiment, while the lowest forecast is $140, indicating downside risk. The intrinsic or GF Value is pegged at $160.10, hinting that the stock may be slightly undervalued based on current fundamentals. Overall, analysts anticipate moderate growth, with a wide range reflecting varied views on the chipmaker's prospects. This article first appeared on GuruFocus. 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
Reuters
12-05-2025
- Business
- Reuters
UK takeover panel gives Qualcomm till May 27 to make a bid for Alphawave
May 12 (Reuters) - British semiconductor company Alphawave IP Group (AWE.L), opens new tab on Monday said the UK takeover panel had extended the deadline for a takeover offer by U.S. chipmaker Qualcomm (QCOM.O), opens new tab to May 27. The deadline to make an offer was previously extended to May 12, on Monday, Alphawave said both parties remained in talks and had consented to extend the deadline further.
Yahoo
12-05-2025
- Business
- Yahoo
UK takeover panel gives Qualcomm till May 27 to make a bid for Alphawave
(Reuters) -British semiconductor company Alphawave IP Group on Monday said the UK takeover panel had extended the deadline for a takeover offer by U.S. chipmaker Qualcomm to May 27. The deadline to make an offer was previously extended to May 12, on Monday, Alphawave said both parties remained in talks and had consented to extend the deadline further. Sign in to access your portfolio
Time of India
29-04-2025
- Business
- Time of India
UK takeover panel gives Qualcomm more time to make bid for Alphawave
British semiconductor company Alphawave IP Group on Tuesday said the UK takeover panel has extended the deadline for a takeover offer by US chipmaker Qualcomm to May 12. #Pahalgam Terrorist Attack India stares at a 'water bomb' threat as it freezes Indus Treaty India readies short, mid & long-term Indus River plans Shehbaz Sharif calls India's stand "worn-out narrative" Alphawave said it is in discussions with Qualcomm and, accordingly, agreed to extend the previous deadline of April 29 for the U.S. chipmaker to make a formal bid, as required by UK regulations. The British company has been garnering takeover interest from the likes of Qualcomm and Arm for a crucial technology, known as "serdes", used for building AI processors . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unlock Your Best Smile with Expert Award-Winning Dentists BIDH Dental Hospital Get Quote Undo Earlier this month, Alphawave had abstained from providing a financial forecast due to uncertainty stemming from the "rapidly developing nature" of US tariffs. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories
