Chip Giants Arm, Qualcomm Target Alphawave To Capture AI Success Like Broadcom – Qualcomm (NASDAQ:QCOM), ARM Holdings (NASDAQ:ARM)

British chip designer Arm Holdings ARM explored snapping up semiconductor intellectual property supplier Alphawave.

That is, until discussions collapsed.

Qualcomm Inc QCOM, an Arm rival, also considered acquiring Alphawave, according to Reuters. Both companies are vying for serializer-deserializer technology. This type of tech enabled companies like Broadcom Inc AVGO to win AI chip customers like Alphabet Inc’s GOOG GOOGL Google and OpenAI.

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