Qualcomm (QCOM) Stock News Today: Alphawave Deal Update, Earnings Outlook, and Analyst Price Targets (Dec. 23, 2025)
Qualcomm stock traded near $174.78 on December 23, 2025, with about 2.6 million shares changing hands. The company finalized its Alphawave Semi acquisition ahead of schedule and named Alphawave CEO Tony Pialis to lead its data center business. A U.K. filing set the exchange rate for Alphawave shareholders at $1.00:£0.7417.