Qualcomm's 16.37 Billion Trading Volume Surges 88.86% to Rank 34th Amid $2.4 Billion Alphawave Semi Acquisition

On June 9, 2025, Qualcomm's trading volume reached 16.37 billion, marking an 88.86% increase from the previous day, ranking 34th in the day's stock market activity. Qualcomm (QCOM) rose by 4.13%, marking two consecutive days of gains, with a total increase of 5.32% over the past two days.

Qualcomm announced on Monday that it has agreed to acquire British firm Alphawave Semi for $2.4 billion. This strategic move is aimed at enhancing Qualcomm's presence in the data center market, where high-performance connectivity technologies are in high demand, particularly for AI servers.

The acquisition will provide Qualcomm with access to Alphawave's advanced connectivity solutions, which are crucial for the development of AI and data center technologies. This deal is expected to bolster Qualcomm's custom silicon capabilities, further solidifying its position in the semiconductor industry.

Under the terms of the agreement, Alphawave shareholders will receive 183 pence per share, representing a nearly 96% premium over the price at which Qualcomm initially approached the company. The acquisition is subject to regulatory approvals and shareholder consent, with an expected completion date in the first quarter of 2026.

The deal is anticipated to face antitrust scrutiny in several regions, including the U.S., Germany, South Korea, Canada, and the U.K. This regulatory process could potentially delay the completion of the acquisition until early 2026. Despite these challenges, the acquisition is seen as a strategic move by Qualcomm to strengthen its AI capabilities and expand its market reach.