$AWE (-7.05%)

The US semiconductor manufacturer Qualcomm has its eye on Alphawave and announced on Tuesday that it is considering an offer for the British chip designer. However, a decision has not yet been made. The company did not provide any further details. Alphawave could not initially be reached for comment on this topic.

Shortly beforehand, insiders had told the Reuters news agency that Arm had also put out feelers for Alphawave. However, the talks had come to nothing. Neither Alphawave, Arm nor its major shareholder SoftBank wanted to comment on the matter. The chip designer's shares rose by almost 53 percent at times in London, heading for the biggest daily gain in the company's history. Qualcomm shares, on the other hand, fell a good one percent on Wall Street.

Arm was particularly interested in the "SerDes" ("Serializer-Deserializer") technology, insiders added. It enables information to be passed through a chip particularly quickly. This is crucial for computationally intensive applications for artificial intelligence (AI), as vast amounts of data have to be processed simultaneously. Arm wants to significantly expand its market share in central processors for this area of application.

One user of the "SerDes" technology developed by Alphawave is Broadcom. As a result, the Qualcomm rival has acquired the ChatGPT developer and Alphabet subsidiary Google, among others, as customers for its AI chips.

(Reuters)

https://www.cash.ch/news/top-news/qualcomm-zeigt-interesse-an-chip-designer-alphawave-810789

Alphawave Semi shares rise after strong third quarter bookings and TSMC award. $AWE (-7.05%)

LONDON, United Kingdom and TORONTO, Ontario, Canada - Alphawave IP Group plc (LN:AWE), a specialist in high-speed connectivity and computing technology, reported impressive third quarter results. For the fourth consecutive quarter, bookings exceeded $100 million. The company recorded a 43% increase in new bookings compared to the same period last year, with significant growth in license and non-recurring development revenue (NRE).

The share price reacted to the positive news with a sharp jump of 22%.

The company, also known as Alphawave Semi, particularly highlighted its strength in the area of intellectual property (IP) licensing. Here, license and NRE bookings increased by a remarkable 119% from USD 42.9 million in Q3 2023 to USD 93.8 million in Q3 2024. However, license fees and silicon orders declined by 64% from USD 30.1 million to USD 10.7 million in the same period.

President and CEO Tony Pialis commented on the milestone and attributed the consistent performance to the company's growing revenue streams. In particular, he highlighted the success in securing multiple design wins for chiplets using Arm UCIe IP. Pialis also expressed pride that Alphawave Semi was recognized as TSMC OIP Partner of the Year 2024 for High-Speed SerDes IP for the fifth consecutive year - a testament to the company's technology leadership.

Executive Chairman John Lofton Holt described 2024 as a transition year for Alphawave Semi. The corporate strategy is already having a positive impact on the financial results, he said. He expressed great confidence in the company's medium-term forecast and reiterated the ambitious goal of achieving annual sales of USD 1 billion by 2027.

Because of the contribution from @AndiOmsen I took a direct look at Frank Thelen's "SuperFond" and immediately had to smile.

Now I know where many very creative stocks have come from and keep bringing them back into play. Among Frank Thelen's top positions are, among others: $AWE (-7.05%) ; $HIMS (-7.52%) and $SOFI (-9.67%)

Keep on making your Thelen disciples 🤔😉😎

P.S. is $DRO (-14.09%) not even there?! 😆

Hello Community,

what do you think of Frank Thelen's hyped $AWE (-7.05%) ? It is the largest position in his fund with almost 8%.

Some opinions would be nice ;)

Good evening to all.

A little speculation 💪

$AWE (-7.05%)

What do you think of Alphawave? Based in the UK and a provider of intellectual property for the development and manufacture of connectivity chips.

In my opinion, a promising candidate for a strong jump in sales and profits. Of course, it's still early days, but for me it's a 1% position in the portfolio from a risk/reward perspective.