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Qualcomm is acquiring AI software startup Modular in a $3.9 billion all-stock deal

The chipmaker will issue up to 19.2 million shares to Modular's equity holders as it pushes deeper into data center AI

Qualcomm is acquiring AI software startup Modular in a $3.9 billion all-stock deal

Qualcomm is acquiring AI software startup Modular in a $3.9 billion all-stock deal

Published June 24, 2026 · Category: Markets

Overview

The chipmaker will issue up to 19.2 million shares to Modular's equity holders as it pushes deeper into data center AI

Source

Originally published at qz.com.

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