ATLAS News · Deals

Alphabet Discloses $548 Million Stake in Partner Qualcomm

Published November 6, 2026 · 5 sources

Alphabet has taken a stake of about $548 million in Qualcomm, a partner, as it pushes into data centers, according to Reuters and other outlets.

What happened

Alphabet has taken a stake in Qualcomm valued at about $548 million, according to Reuters, Dealroom and AzerNews. Reuters describes Qualcomm as a partner of Alphabet and links the move to Alphabet's data center push.

Dealroom says the holding was revealed quietly, in the context of the data-centre effort. Tech-insider.org gives a more precise figure of $547.9M for the stake.

TIKR.com reports that Qualcomm shares rose 5% on the news, and that Qualcomm's CEO sees a disconnect on AI. The sources provided do not give further details on the terms of the stake.

Context

Alphabet and Qualcomm are large technology companies, and data centers are a major area of investment for firms building AI infrastructure.

Why it matters

The stake links two major technology companies at a time when data center and AI spending is a key theme for investors in both.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

AlphabetGOOGL

+0.79%

Communication Services · NASDAQ

Close on November 6: $284.80+0.79% vs. previous close ($282.57)
Fair value (ATLAS): $278.46Fair range: $226.51 to $342.33The price ($284.80) is 2.3% above that figure: close to its fair value.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $261.41 and $308.04; 9 in 10, between $226.01 and $356.28.

See the full ATLAS analysis of Alphabet →

QUALCOMMQCOM

+5.72%

Technology · NASDAQ

Close on November 6: $165.71+5.72% vs. previous close ($156.75)
Fair value (ATLAS): $218.09Fair range: $91.71 to $291.09The price ($165.71) is 24.0% below that figure.
Chance of a rise in 1 month: 47%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $147.16 and $182.69; 9 in 10, between $121.48 and $221.30.

See the full ATLAS analysis of QUALCOMM →

AlphabetGOOG

+0.73%

Communication Services · NASDAQ

Close on November 6: $283.81+0.73% vs. previous close ($281.74)
Fair value (ATLAS): $283.13Fair range: $184.07 to $304.01The price ($283.81) is 0.2% above that figure: close to its fair value.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $261.19 and $306.46; 9 in 10, between $226.69 and $353.11.

See the full ATLAS analysis of Alphabet →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Alphabet Takes $547.9M Qualcomm Stake [2026] · https://tech-insider.org/ · November 6, 2026
Alphabet quietly reveals $548M Qualcomm stake amid data-centre push · Dealroom · November 6, 2026
Alphabet takes $548 million stake in partner Qualcomm in data center push · Reuters · November 6, 2026
Qualcomm Rises 5% on Alphabet’s $548 Million Stake as CEO Sees a “Disconnect” on AI · TIKR.com · November 6, 2026
Alphabet acquires $548M stake in Qualcomm · AzerNews · November 6, 2026

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