Overview: Founded in 2017, UK start-up Alphawave Semi is a leader in high-speed connectivity and compute silicon for data centers, AI, networking, 5G, autonomous vehicles and storage. Earlier this month, Qualcomm signed a definitive agreement to acquire Alphawave for $2.4 billion subject to certain conditions and regulatory approvals. This Semiconductor Insights Report provides an overview of Alphawave Semi, its products, and reviews Qualcomm’s rationale for acquiring Alphawave.