Alphabet Acquires $548 Million Stake in Qualcomm, Boosting Data Center Strategy

November 8, 2026

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Alphabet has acquired a $548 million stake in Qualcomm, which is aiming for $5 billion in revenue from its data center business by fiscal 2027. This investment signals Alphabet's interest in enhancing its AI infrastructure and data center capabilities. Industry stakeholders should monitor how this partnership influences Qualcomm's growth in the data center sector.

Read full story at Google Alert - BESS Storage

data centers

ai infrastructure

investment

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