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Qualcomm is acquiring Tenstorrent, a RISC-V chip design company, for up to $10 billion to compete in AI chips.

A major semiconductor player entering AI chips via architectural differentiation threatens Nvidia's dominance and signals competitive consolidation.
Trade pressSlicast · June 18, 2026 22:00 · Global · Source: techtimes.com
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Image / Slicast · Source: techtimes.com

Qualcomm is acquiring Tenstorrent, a RISC-V chip design company, for up to $10 billion to compete in AI chips.

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Qualcomm is acquiring Tenstorrent, a RISC-V chip design company, for up to $10 billion to compete in AI chips. · Slicast