Sources: Qualcomm is in advanced talks to acquire Modular in a transaction valuing the AI chip startup at ~$4B, up from a $1.6B valuation in September 2025 (Bloomberg)
Qualcomm is nearing a roughly $4B acquisition of Modular, signaling a major AI chip software and hardware stack consolidation move.
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<a href="https://www.bloomberg.com/news/articles/2026-06-22/qualcomm-is-said-to-near-deal-for-ai-chip-startup-modular"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260622/i41.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260622/p41#a260622p41" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-22/qualcomm-is-said-to-near-deal-for-ai-chip-startup-modular">Sources: Qualcomm is in advanced talks to acquire Modular in a transaction valuing the AI chip startup at ~$4B, up from a $1.6B valuation in September 2025</a></b></span> — Qualcomm Inc. is in advanced talks to acquire Modular Inc. in a transaction valuing the artificial intelligence chip startup at about $4 billion … </p>
Read at source: https://www.techmeme.com/260622/p41#a260622p41