Qualcomm considers takeover offer for UK's Alphawave


FILE PHOTO: Qualcomm logo is seen in this illustration taken, May 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -U.S. chipmaker Qualcomm said on Tuesday it was considering making an offer to acquire UK-based Alphawave, sending shares of the British company surging.

Alphawave, a supplier of semiconductor intellectual property, has also garnered acquisition interest from SoftBank-owned chip tech provider Arm, Reuters exclusively reported earlier in the day.

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