Latest news with #QualcommIncorporated
Globe and Mail
a day ago
- Automotive
- Globe and Mail
QCOM Expands V2X Portfolio With Strategic Buyout: Is the Stock a Buy?
Qualcomm Incorporated QCOM recently announced that its subsidiary, Qualcomm Technologies, Inc has acquired Autotalks, a pioneer in the vehicle-to-everything (V2X) communication systems. The V2X system has emerged as one of the key enablers of creating a safer and efficient traffic system. The system facilitates communication between vehicles, pedestrians and connected roadway infrastructure. It creates a robust and real-time information sharing systems that offer alerts related to various road hazards, weather conditions, and traffic signals. The system can also enhance advanced driver-assistance systems and automated driving features. Urban authorities worldwide are aiming to incorporate the V2X communication to optimize traffic flow, enhance public safety, reduce congestion and drive transportation efficiency. Improved connectivity infrastructure with accelerated 5G adoption is a key catalyst for V2X proliferation. Qualcomm is steadily expanding its Snapdragon Digital Chassis product portfolio to capitalize on this emerging trend. The acquisition of Autotalks is a strategic step towards that direction. Autotalks V2X solutions are compliant with global communication standards such as DSRC (Dedicated Short-Range Communications) and C-V2X (Cellular Vehicle-to-Everything). With this buyout, Qualcomm will gain access to Autotalks' comprehensive V2X expertise based on decades of innovation. This will enable Qualcomm to offer an extensive suite of automotive-qualified global V2X solutions for installation in vehicles, as well as 2-wheelers and roadside infrastructure. QCOM Rides on Robust Demand & Portfolio Strength The growing proliferation of EDGE networking that transforms connectivity in cars, business enterprises, homes, smart factories, next-generation PCs, wearables and tablets is a key growth driver for Qualcomm. The company recently inked a multi-year deal with Xiaomi, extending its long-standing partnership with the Chinese smartphone maker. QCOM has been Xiaomi's technology partner in multiple ventures encompassing smartphones, automotive and more. Following the recent deal, Xiaomi is expected to adopt Qualcomm's next-generation premium Snapdragon 8-series in its premium smartphone. The partnership also aims to expand into the domain of EDGE devices, including AR/VR glasses, smart home products, wearables, tablets and more. Aramco Digital, a prominent technology company in Saudi Arabia, is collaborating with Qualcomm to develop leading-edge AI industrial IoT technologies and solutions to drive digital transformation across major sectors nationwide. It has also formed a partnership with e&, a global technology group. The collaboration is expected to focus on the development of advanced edge AI devices and deploy transformation technologies in the UAE's essential sectors, including energy, manufacturing, logistics, retail and smart mobility. These factors show growing traction of Qualcomm's industry-leading capabilities in the smartphone and IoT markets. The company is doubling down on innovation to continue to hold its dominant position in the smartphone industry. It recently introduced the cutting-edge Snapdragon 7 Gen 4 Mobile Platform. The new platform offers 65% improvement in AI performance, ensuring seamless support for large language models and various other AI capabilities. Seamless multitasking and enhanced system responsiveness highlight a significant improvement in CPU performance. Improved framerates and smoother gameplay are facilitated by major advancements in GPU rendering. This will significantly boost the company's commercial prospects in the mid-range smartphone segment. Image Source: Zacks Investment Research Major Challenges for Qualcomm Qualcomm operates in a highly cyclical semiconductor industry influenced by rapid technological shifts and high competition. This demands rapid and continuous investment in technological advancements, which strains the margin. NVIDIA Corporation NVDA is emerging as a major competitor for Qualcomm in automotive. NVIDIA Drive solutions offer hardware and software tools that developers need for autonomous vehicle development. QCOM is also facing stiff competition from Intel Corporation INTC in the emerging field of AI PCs. Moreover, long-time customers such as Apple and Samsung's focus on in-house chip development is a major concern. Qualcomm has a significant presence in China. A vast part of its customers includes Chinese manufacturers, which further clouds the revenue-generating potential owing to the strained bilateral trade relationship with the United States. The imposition of high tariffs can significantly impact Qualcomm's revenue stream. Moreover, Qualcomm has conducted several strategic acquisitions to expand its portfolio to cater to the automotive, AI and IoT markets. Although its aggressive acquisition spree can boost market opportunity, it also raises integration risks. Price Performance QCOM shares have declined 26.4% over the past year against the industry 's growth of 18.7%. The company has outperformed Intel but underperformed relative to NVIDIA. Intel has declined 33.5%, while NVIDIA has increased 18%. Image Source: Zacks Investment Research Estimate Revision Trend of QCOM Earnings estimates for 2025 have decreased 0.25% to $11.81 over the past 60 days, while the same for 2026 has decreased 3.18% to $12.19. This portrays bearish sentiments about the stock's growth potential from investors. End Note Qualcomm is witnessing healthy market traction in the automotive, Android handset and industrial IoT markets. Its new Snapdragon 7 Gen 4 Mobile Platform is already witnessing solid momentum, as major mobile makers such as HONOR and Vivo are set to adopt the chipset. Its efforts to strengthen its business model, revenue diversification, and portfolio expansion through a combined approach of innovation and acquisitions are positive. However, Qualcomm's extensive reliance on China and growing Sino-U.S. trade uncertainties are major concerns. Growing competition in each of its served markets is weighing on margins. Downtrend in estimate underscores investors' growing concern about the company's long-term prospects. With a Zacks Rank #3 (Hold), Qualcomm appears to be treading in the middle of the road, and investors could be better off if they trade with caution. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> 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
Yahoo
2 days ago
- Business
- Yahoo
Qualcomm to Acquire Alphawave Semi
Alphawave Semi's high-speed wired connectivity and compute technologies complement Qualcomm's next gen custom Qualcomm Oryon™ CPU and Qualcomm® Hexagon™ NPU processors AI inferencing growth is driving demand for Qualcomm's high-performance energy-efficient compute solutions and this acquisition provides key assets for our expansion into data center LONDON, June 09, 2025--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached an agreement with Alphawave IP Group plc (AWE.L) ("Alphawave Semi") regarding the terms and conditions of a recommended acquisition by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave Semi at an implied enterprise value of approximately US$2.4 billion. The acquisition of Alphawave Semi aims to further accelerate, and provide key assets for, Qualcomm's expansion into data centers. Qualcomm Oryon CPU and Hexagon NPU processors are well positioned to meet the growing demand for high-performance, low-power computing, which is being driven by a rapid increase in AI inferencing and the transition to custom CPUs in data centers. Alphawave Semi is a global leader in high-speed wired connectivity and compute technologies delivering IP, custom silicon, connectivity products and chiplets that drive faster, more reliable data transfer with higher performance and lower power consumption. Alphawave Semi's products form a part of the core infrastructure enabling next generation services in a wide array of high growth applications, including data centers, AI, data networking and data storage. "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," said Cristiano Amon, president and CEO of Qualcomm Incorporated. "Qualcomm's advanced custom processors are a natural fit for data center 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 center infrastructure." "Qualcomm's acquisition of Alphawave Semi represents a significant milestone for us and an opportunity for our business to join forces with a respected industry leader and drive value to our customers," said Tony Pialis, president and CEO of Alphawave Semi. "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." This acquisition of Alphawave Semi is expected to complete during the first calendar quarter of 2026, subject to the satisfaction or waiver (where applicable) of certain conditions as set forth in the announcement released today in accordance with Rule 2.7 of the UK Takeover Code, including (amongst other things) certain regulatory approvals, the approval from the requisite majority of Alphawave Semi's shareholders and sanction by the High Court in the UK. The full announcement, issued in accordance with Rule 2.7 of the UK Takeover Code, can be found on our website at: About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. Qualcomm, Snapdragon, Qualcomm Dragonwing, Qualcomm Oryon, and Hexagon are trademarks or registered trademarks of Qualcomm Incorporated. View source version on Contacts Qualcomm Contacts: Mauricio Lopez-HodoyanInvestor Relations1-858-658-4813ir@ Clare ConleyMedia Relations1-858-845-5959corpcomm@
Business Wire
2 days ago
- Business
- Business Wire
Qualcomm to Acquire Alphawave Semi
LONDON--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached an agreement with Alphawave IP Group plc (AWE.L) ('Alphawave Semi') regarding the terms and conditions of a recommended acquisition by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave Semi at an implied enterprise value of approximately US$2.4 billion. The acquisition of Alphawave Semi aims to further accelerate, and provide key assets for, Qualcomm's expansion into data centers. Qualcomm Oryon CPU and Hexagon NPU processors are well positioned to meet the growing demand for high-performance, low-power computing, which is being driven by a rapid increase in AI inferencing and the transition to custom CPUs in data centers. Alphawave Semi is a global leader in high-speed wired connectivity and compute technologies delivering IP, custom silicon, connectivity products and chiplets that drive faster, more reliable data transfer with higher performance and lower power consumption. Alphawave Semi's products form a part of the core infrastructure enabling next generation services in a wide array of high growth applications, including data centers, AI, data networking and data storage. '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,' said Cristiano Amon, president and CEO of Qualcomm Incorporated. 'Qualcomm's advanced custom processors are a natural fit for data center 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 center infrastructure.' 'Qualcomm's acquisition of Alphawave Semi represents a significant milestone for us and an opportunity for our business to join forces with a respected industry leader and drive value to our customers,' said Tony Pialis, president and CEO of Alphawave Semi. '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.' This acquisition of Alphawave Semi is expected to complete during the first calendar quarter of 2026, subject to the satisfaction or waiver (where applicable) of certain conditions as set forth in the announcement released today in accordance with Rule 2.7 of the UK Takeover Code, including (amongst other things) certain regulatory approvals, the approval from the requisite majority of Alphawave Semi's shareholders and sanction by the High Court in the UK. The full announcement, issued in accordance with Rule 2.7 of the UK Takeover Code, can be found on our website at: About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. Qualcomm, Snapdragon, Qualcomm Dragonwing, Qualcomm Oryon, and Hexagon are trademarks or registered trademarks of Qualcomm Incorporated.
Yahoo
21-05-2025
- Business
- Yahoo
Qualcomm Collaborates with UAE-based Telecom Company e& to Develop 5G, AI Technologies
Qualcomm Incorporated (NASDAQ:QCOM) has partnered with e&, a UAE-based telecom company. Qualcomm will develop advanced connectivity 5G and edge AI technologies for government, industrial sectors, and enterprises in the UAE. On May 16, the company revealed plans to establish edge AI gateways and enhance its devices powered by its Snapdragon platform in the UAE. An aerial view of a bustling semiconductor production zone showcasing the company's integrated circuits. Qualcomm CEO, Cristiano Amon, said: "We look forward to working with e& to accelerate innovation and technology advancement across its ecosystem of enterprise and government customers in the UAE and beyond." Qualcomm is making massive strides in the AI sector. During the 53rd Annual JP Morgan Global Technology, Media, and Communications Conference, the company mentioned that it projects AI to transform smartphone use cases, similar to the transformation from feature phones to smartphones. The company also emphasized its strategic partnership with Saudi Arabia's HUMAIN, a national AI body advancing Saudi Arabia's goals for AI. Qualcomm will build next-generation AI data centers, infrastructure, and cloud-to-edge services to meet the growing AI demand in the region. Moreover, Qualcomm's collaboration with Aramco Digital will develop and deploy AI industrial IoT technologies and solutions. Qualcomm Incorporated (NASDAQ:QCOM) is a major player in the broader AI industry. It integrates and creates AI technologies to support segments including automotive, mobile, edge computing, and the Internet of Things (IoT). While we acknowledge the potential of QCOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QCOM and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. 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
Yahoo
16-05-2025
- Business
- Yahoo
Invesco Ltd: Form 8.3 - QUALCOMM Inc; Public dealing disclosure
FORM 8.3 PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Full name of discloser: Invesco Ltd. (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Qualcomm Incorporated (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken:For an opening position disclosure, state the latest practicable date prior to the disclosure 15.05.2025 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?If it is a cash offer or possible cash offer, state 'N/A' Yes: Alphawave IP Group plc 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: USD 0.0001 common US7475251036 Interests Short Positions Number % Number % (1) Relevant securities owned and/or controlled: 32,760,076* 2.98 10,085 0.00 (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: Total 32,760,076* 2.98 10,085 0.00 *The change in the holding of 85,318 shares since the last disclosure on 15.05.2025 is due to the transfer in of a discretionary holding at 152.61 USD. All interests and all short positions should be of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors' and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit USD 0.0001 common US7475251036 Purchase 32 151.37 USD USD 0.0001 common US7475251036 Purchase 229 151.17 USD USD 0.0001 common US7475251036 Purchase 1634 152.40 USD USD 0.0001 common US7475251036 Purchase 93 152.56 USD USD 0.0001 common US7475251036 Purchase 5 152.57 USD USD 0.0001 common US7475251036 Purchase 471 152.61 USD USD 0.0001 common US7475251036 Sale 6 151.37 USD USD 0.0001 common US7475251036 Sale 33,565 152.11 USD USD 0.0001 common US7475251036 Sale 153 152.61 USD (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements, or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state 'none' None Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure 16.05.2025 Contact name Caroline Hellriegel Telephone number +17132141993 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at in to access your portfolio
