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Qualcomm agrees to acquire UK-listed Alphawave, which makes high-speed chip and connectivity tech for data centers, for $2.4B in cash, set to close in Q1 2026 (Amy Thomson/Bloomberg)

Amy Thomson / Bloomberg : Qualcomm agrees to acquire UK-listed Alphawave, which makes high-speed chip and connectivity tech for data cent...

31 October 2024

Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield (Bloomberg)

Bloomberg:
Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield  —  - The firm's phone shipments grew 42% in the past quarter  — China has asked local firms to use AI chips from Huawei

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