Qualcomm Completes Acquisition of Alphawave Semi

Qualcomm completed the acquisition of Alphawave Semi ahead of schedule. A court approval cleared the way for the $2.4 billion acquisition, opening access to Alphawave Semi’s custom silicon, connectivity products, and chiplets.

Qualcomm explained Alphawave Semi’s work is foundational in next-generation services in fields including data centres, networking, storage, and AI. Qualcomm president and CEO Cristiano Amon said the addition of Alphawave Semi’s technologies would strengthen their platforms and optimise performance for next-generation AI data centres.

Amon previously explained that Alphawave Semi would contribute to Qualcomm's targets involving the performance and efficiency of its CPU and NPU processors. Qualcomm originally expected to conclude the deal in the opening three months of 2026. Alphawave Semi co-founder and CEO Tony Pialis is now set to lead Qualcomm’s data center business. He predicted the pair would help shape the future of data centre innovation by employing Alphawave Semi’s high-speed connectivity tech and custom silicon.