Qualcomm Surges 7.84% in Three Days, Ranks 38th in Market Activity with $14.29 Billion Trading Volume

On June 10, 2025, Qualcomm (QCOM) experienced a significant surge, rising by 2.39% and marking its third consecutive day of gains, with a total increase of 7.84% over the past three days. The company's trading volume reached 14.29 billion, placing it at the 38th position in the day's market activity.

Qualcomm's recent acquisition of Alphawave IP Group plc through its subsidiary Aqua Acquisition Sub LLC is a strategic move that could significantly impact its market position. The deal, valued at $2.4 billion, offers Alphawave shareholders the choice between a cash offer or shares in Qualcomm. This acquisition is expected to enhance Qualcomm's technological capabilities and expand its shareholder base, potentially driving future growth.

The acquisition is set to be completed during the first calendar quarter of 2026, subject to the satisfaction or waiver of certain conditions. This move aligns with Qualcomm's focus on diversification and innovation, particularly in key sectors such as automotive and IoT, which have shown significant growth. Despite challenges in licensing revenues and global trade uncertainties, Qualcomm's strategic initiatives support its long-term growth potential.