Signal #128967POSITIVE

Qualcomm (QCOM) Is In Talks To Buy Modular And Push Further Into AI Chips

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Qualcomm (NasdaqGS:QCOM) is reported to be in advanced talks to acquire AI chip startup Modular Inc. in a multi billion dollar deal. The potential transaction would mark a push by Qualcomm to build out its AI infrastructure and data center offerings beyond its core smartphone chip business. The negotiations are ongoing and the deal, if completed, would represent a major move into markets currently led by larger AI chip competitors. For investors watching Qualcomm, this prospective...

AI Stock Newsabout 5 hours ago
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Qualcomm (QCOM) Is In Talks To Buy Modular And Push Further Into AI Chips | Steek AI Signal | Steek