Why is Qualcomm seeking to acquire Modular?

Qualcomm aims to diversify beyond smartphones and expand into AI, data centers, and autonomous vehicles.

When is the deal expected to be announced?

It could be announced in the coming weeks, though talks may still fall through or details change.

Are there regulatory risks to the deal?

No specific risks have been mentioned, but large tech deals often face antitrust review.

What is Qualcomm's stock ticker?

Qualcomm's stock ticker is QCOM.

Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular

Qualcomm is in advanced discussions to acquire Modular Inc, an AI chip startup, in a deal valuing the company at around $4 billion, according to Bloomberg. The acquisition aims to reduce Qualcomm's reliance on the volatile handset market and expand into data centers and autonomous driving.

June 22, 2026

2 min read

Source: Reuters

Key Numbers

deal value

status

advanced discussions

Qualcomm (QCOM) is in advanced talks to acquire Modular Inc, an AI chip startup, in a deal that values the company at approximately $4 billion, Bloomberg News reported Monday, citing sources familiar with the matter.

Deal Details

Item	Value
Expected value	~$4 billion
Status	Advanced discussions
Expected announcement	Coming weeks
Risk of collapse	Possible (talks may fall through)

Rationale

Qualcomm, a global supplier of smartphone chips, has been working to reduce its dependence on the volatile handset market by expanding into fast-growing areas such as data center processors and autonomous vehicle chips. Acquiring Modular would bolster Qualcomm's AI capabilities.

Regulatory Challenges

No specific regulatory hurdles have been mentioned yet, but large tech acquisitions often face antitrust scrutiny.

Impact on Stocks

Neither Qualcomm nor Modular has officially commented. Investors will likely monitor the deal closely, as it could strengthen Qualcomm's position in the growing AI chip market.

Frequently Asked Questions

The deal is valued at approximately $4 billion, according to Bloomberg.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.