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gossip The Register June 16, 2026

Qualcomm said to be circling AI chip biz Tenstorrent in $10B RISC-V power play

Qualcomm said to be circling AI chip biz Tenstorrent in $10B RISC-V power play
AI Summary

Qualcomm is reportedly moving to buy AI chip firm Tenstorrent, an acquisition that could prove a major boost to the RISC-V ecosystem. This comes from The Information, which cites an anonymous source claiming that a deal valued at $8 billion to $10 billion is under discussion. According to the report, the talks are ongoing and there is no certainty a deal will be reached, but the move would fit with Qualcomm's datacenter ambitions and bullish statements about AI opportunities made by its chief, C

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