Home  »  Value Stocks   »  Qualcomm (QCOM) Is Set To Acquire Nuvia For $1.4 B...

Qualcomm (QCOM) Is Set To Acquire Nuvia For $1.4 Billion

A definitive agreement has been reached between Qualcomm and Nuvia, whereby the latter will pay $1.4 billion. This news was made public on the Qualcomm website.

Qualcomm (QCOM) recently announced Nuvia processors’ addition to its comprehensive family of modem and RF transceiver solutions. These processors integrate with premium-tier devices, including smartphones, laptops, car displays, advanced driver assistance systems (ADAS), augmented reality solutions, and infrastructure.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


Founders of Nuvia’s startup will join Qualcomm’s team as part of the deal. Microsoft, Google, Samsung, Acer, ASUS, HP, Lenovo, Xiaomi, and other companies supported the startup’s acquisition.

In early January, it was announced that Steve Mollenkopf, the CEO of Qualcomm, will retire after more than 26 years at the company. Cristiano Amon, the current president of the chipmaker, will replace him on June 30 this year.

Under Mollenkopf’s leadership, Qualcomm (QCOM) prevailed in court against Apple in a dispute concerning unfavorable licensing terms for chips. In 2019, the conflict ended, which lasted for two years. Qualcomm agreed to an end to the litigation by entering into a patent agreement with Apple. Additionally, Apple paid over $4.5 billion in compensation.

Mobile and computing are becoming increasingly integrated through 5G. Qualcomm Incorporated’s acquisition of NUVIA will build upon Qualcomm’s Snapdragon technology leadership, which delivers significant performance and power efficiency improvements to support 5G computing.

It is expected that the NUVIA CPUs will be integrated across Qualcomm’s entire product portfolio, powering flagship smartphones, next-generation laptops, digital cockpits, and advanced driver safety solutions.

Leave a Comment

Your email address will not be published. Required fields are marked *

More Posts

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Receive Best Stock To Trade Before The Opening Bell



100% Free. Stop Anytime. No Spam




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.