Qualcomm Considering Acquisition of AI Chip Firm Tenstorrent
Qualcomm is reportedly in talks to acquire AI chip company Tenstorrent for $8 billion to $10 billion, aiming to expand beyond the slowing smartphone market into high-growth areas like data-center CPUs and autonomous-vehicle semiconductors. The acquisition could position Qualcomm more competitively within the AI chip industry.
Topics: AI M&A semiconductors