Qualcomm Attacks $3.9 Billion Deal for AI Software Company Modular
Corroborated by 7 sources from 7 publishers
TL;DR
Qualcomm in talks to provide custom chip-design services to ByteDance, sources say Qualcomm to Buy Modular for $3.9 Billion to Help AI Push Qualcomm will acquire the Silicon Valley chip startup Modular for nearly $4 billion. Modular makes and sells a chip software platform. It also produces a proprietary coding language that allows developers to write AI software to run on different chips without having to rewrite the code for each chip.
Sources
1
Investing.com News
https://www.investing.com/news/stock-market-news/qualcomm-in-talks-to-provide-custom-chipdesign-services-to-bytedance-sources-say-4757328
2
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-06-24/qualcomm-confirms-buying-modular-to-help-ai-market-push
3
Wired
https://www.wired.com/story/qualcomm-buys-buzzy-chip-startup-modular-for-nearly-dollar4-billion
4
Dow Jones U.S. Business
https://www.wsj.com/tech/ai/qualcomm-to-acquire-ai-software-firm-modular-in-3-9-billion-stock-deal-7b620c7c?mod=pls_whats_news_us_business_f
5
Yahoo Finance News
https://www.barrons.com/articles/qualcomm-buys-modular-stock-price-247a2464?siteid=yhoof2&yptr=yahoo
6
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-06-24/qualcomm-announces-new-ai-chips-adds-meta-as-customer
7
Bloomberg Technology
https://www.bloomberg.com/news/videos/2026-06-24/qualcomm-to-buy-modular-for-3-9b-to-help-ai-push-video
8
CNBC 19854910
https://www.cnbc.com/2026/06/24/qualcomm-ai-chip-modular-software.html
9
CNBC 15838421
https://www.cnbc.com/video/2026/06/24/qualcomm-ceo-on-modular-acquisition-helps-build-full-stack-solution-for-all-new-business-lines.html
10
CNBC Top News
https://www.cnbc.com/2026/06/24/qualcomm-data-center-cpu-meta.html
11
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-06-24/qualcomm-projects-data-center-chip-sales-of-15-billion-by-2029
12
CNBC 100004038
https://www.cnbc.com/video/2026/06/24/qualcomm-raises-fy-2029-non-handset-revenue-target-to-40-billion.html
13
Financial Times Companies
https://www.ft.com/content/e9c2ef9c-856c-48cf-a47e-48a807519a2b
14
Bloomberg Markets
https://www.bloomberg.com/news/videos/2026-06-24/qualcomm-says-data-center-chips-to-bring-billions-in-27-video
15
CNBC 15838499
https://www.cnbc.com/video/2026/06/24/qualcomm-ceo-were-very-confident-in-the-forecast-we-are-providing.html