🇺🇸Google purchased 2,976,982 Qualcomm shares for approximately $548 million, representing less than 0.5% of the chipmaker’s outstanding shares.

The purchase was reported as completed. Financial_Express said a securities filing submitted Friday disclosed Google’s acquisition of 2,976,982 Qualcomm shares for approximately $548 million. The holding represented less than 0.5% of Qualcomm’s outstanding shares.

The report places the investment alongside Qualcomm’s AI data-center expansion. It states that Qualcomm is pushing into that market and that the purchase gives Google exposure to the company. It does not identify a Qualcomm hardware-supply agreement, deployment commitment, or joint development program arising from this share purchase.

Google’s other semiconductor relationships provide additional reported context. The same message says Google holds Arm shares and has a stock agreement with Marvell worth up to $12.2 billion, alongside collaboration on Google’s tensor processing units (TPUs). That maximum agreement value is separate from the completed Qualcomm purchase; the underlying securities filing and detailed transaction conditions were not included in the source data.