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Alphabet Invests $548 Million in Qualcomm to Boost AI Data Center Ambitions

Technology News

Alphabet Invests $548 Million in Qualcomm to Boost AI Data Center Ambitions

Google parent Alphabet takes $548 million stake in Qualcomm as chipmaker expands beyond smartphones into AI data centers

Tech Startups

Google parent Alphabet takes $548 million stake in Qualcomm as chipmaker expands beyond smartphones into AI data centers

Google’s parent, Alphabet, has acquired a stake worth nearly $548 million in Qualcomm, deepening its financial ties with the chipmaker as the longtime Android partner races to build a new business...

Alphabet takes $548 million stake in partner Qualcomm in data center push

Reuters

Alphabet takes $548 million stake in partner Qualcomm in data center push

Alphabet built a stake worth nearly $548 million in longtime partner Qualcomm in the ​third quarter, giving a boost to the chipmaker's efforts ‌to expand into data centers as the smartphone market...

Alphabet discloses $548 million worth of Qualcomm stake

Economic Times

Alphabet discloses $548 million worth of Qualcomm stake

Qualcomm earlier this week irked investors when it missed Wall Street expectations for quarterly smartphone chip sales due to weak demand, even though it forecast better-than-expected revenue for...

Google Buys $548 million Qualcomm shares

The Information

Google Buys $548 million Qualcomm shares

Google has bought nearly 3 million shares of the chip maker Qualcomm, less than half a percent of the company’s outstanding shares, according to a securities filing on Friday. The investment will...

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