Alphawave Reports Growth and Record Design Wins

Alphawave IP Group (GB:AWE) has released an update.

Alphawave IP Group, a leader in high-speed data connectivity solutions, reported a successful Q2 2024 with a 27% year-over-year increase in bookings, totaling $107m, and a record 14 new design wins. The company’s progress is evident in the adoption of chiplet architectures, with significant design wins for AI and data center applications. Additionally, Alphawave Semi restructured its debt to strengthen the balance sheet and enhance future capital structure flexibility.

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