Recognizing the pervasiveness of Wi-Fi technology, Qualcomm Inc. (QCOM) said it plans to buy Wi-Fi chip maker Atheros Communications Inc. (ATHR) for $3.1 billion. Qualcomm said the acquisition will help it expand to new businesses beyond cellular. Both stocks were slightly up in trading this morning.
Wi-Fi connectivity is increasingly popular in portable consumer and enterprise electronics, including the digital home. Also, wireless operators, which earlier dismissed Wi-Fi solutions because the technology runs in the unlicensed spectrum bands, have started to embrace Wi-Fi as a way to offload traffic from the macrocellular network.
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Qualcomm pays $3.1B for Wi-Fi chip maker Atheros
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AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
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AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants