Qualcomm's $1.414 Billion Trading Day Ranks 48th as it Eyes $2.4 Billion Alphawave Semi Acquisition

On June 11, 2025, Qualcomm (QCOM) saw a trading volume of $1.414 billion, ranking 48th in the day's stock market activity. The stock rose by 0.22%, marking its fourth consecutive day of gains, with a total increase of 8.08% over the past four days.

Qualcomm has announced its intention to acquire Alphawave Semi for approximately $2.4 billion. This acquisition is subject to regulatory and shareholder approval and is expected to close in the first quarter of 2026. The deal aims to accelerate Qualcomm's expansion into data centers by providing key assets, including high-speed connectivity technology. This move is part of Qualcomm's broader strategy to diversify beyond mobile chips and deepen its presence in AI and data center technologies.

In addition to its acquisition plans, Qualcomm has also expanded its AI capabilities by launching a new research and development center in Vietnam. This center, with facilities in Hanoi and Ho Chi Minh City, will focus on developing generative AI and agentic-AI solutions across various applications, including smartphones, personal computers, extended reality, automotive, and the Internet of Things. The move aligns with Vietnam's strategy to boost AI, semiconductors, and digital transformation, and follows Qualcomm's acquisition of Vietnamese AI research startup MovianAI earlier this year.