Qualcomm completed an acquisition of high-speed connectivity technology provider Alphawave Semi ahead of schedule, a purchase president and CEO Cristiano Amon said boosts its Oryon CPU and Hexagon NPU processors.

A court approval earlier this week cleared the way for the $2.4 billion acquisition to be wrapped up today (18 December), opening access to Alphawave Semi’s custom silicon, connectivity products and chiplets.

Qualcomm explained Alphawave Semi’s work is foundational in next-generation services in fields including data centres, networking and storage, and AI.

Amon said the addition of Alphawave Semi’s technologies would “strengthen our platforms and optimise performance for next-generation AI data centres”.

Qualcomm’s Oryon CPU is used in various Snapdragon platforms and the Hexagon NPU is dedicated to AI.

Amon previously explained Alphawave Semi would contribute to Qualcomm targets involving the performance and efficiency of its CPU and NPU processors.

Qualcomm originally expected to conclude the deal in the opening three months of 2026.

Alphawave Semi co-founder and CEO Tony Pialis is now set to lead Qualcomm’s data centre business.

He predicted the pair would “help shape the future of data centre innovation” by employing Alphawave Semi’s high-speed connectivity tech and custom silicon.