Qualcomm is planning to acquire chipmaker startup Nuvia, the Wall Street Journal reported. The acquisition, valued at $1.4 billion, is the latest venture in the semiconductor company’s efforts to enhance its 5G technology. Nuvia, which was founded in 2019 by former Apple engineers and raised $240 million last September, designs central processing units for computer servers, which Qualcomm is...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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