Qualcomm Eyes Alphawave To Power AI And Data Center Growth, Analyst Sees Strategic Fit
JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Qualcomm Inc QCOM on Monday.
Chatterjee noted that Qualcomm is evaluating the potential acquisition of Alphawave. The current deadline for providing an update on its intent to make an acquisition offer is May 27.
JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Qualcomm Inc QCOM on Monday.
Chatterjee noted that Qualcomm is evaluating the potential acquisition of Alphawave. The current deadline for providing an update on its intent to make an acquisition offer is May 27.
JP Morgan analyst maintains Overweight rating on Qualcomm, notes potential acquisition of Alphawave for strategic importance in data center market. | Source: Benzinga
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