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Qualcomm to Buy Modular for $3.9B to Help AI Push

Qualcomm to Buy Modular for $3.9B to Help AI Push
Bloomberg Technology Wednesday 24 June 2026, 19:17 UTC 1 min read
Key Points

Jun 24th, 2026 Qualcomm to Buy Modular for $3.9B to Help AI Push Bloomberg's Ryan Gould joins Dani Burger on "Bloomberg Deals." Qualcomm said it is acquiring Modular for about $3.9 billion in stock, adding artificial intelligence software capabilities that will aid its push into data centers.

Jun 24th, 2026 Qualcomm to Buy Modular for $3.9B to Help AI Push Bloomberg's Ryan Gould joins Dani Burger on "Bloomberg Deals." Qualcomm said it is acquiring Modular for about $3.9 billion in stock, adding artificial intelligence software capabilities that will aid its push into data centers. [Image text:] MODULARSELLSFOR$3.9B QUaCONw Will add Alsoftware capabilities toaid pushintodata centers Qualcommgiving Modular's owners19.2millionshares Transactiontoclosein thesecondhalfof2026 BIG DEALS
Qualcomm (ORG) Bloomberg (ORG) Ryan Gould (PERSON) Dani Burger (PERSON) Modular (ORG)
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