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Qualcomm acquires AI infrastructure software firm Modular to expand its AI capabilities.

Company Fundamentals
24 Jun 2026
Barrons
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Bullish
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Qualcomm has agreed to acquire Modular, a company specializing in artificial-intelligence infrastructure software, for an undisclosed amount. This acquisition aims to strengthen Qualcomm's AI portfolio as the company seeks to enhance its position in the growing AI technology market. Details on the deal price were not disclosed. The move signals Qualcomm's commitment to expanding its AI-related offerings and capabilities.

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