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Finance

Qualcomm Nears Deal for AI Chip Startup Modular

Bloomberg Jun 22, 2026 2h ago ⏱ 1 min read 👁 1 views

Qualcomm Nears Deal for AI Chip Startup Modular

Image via Bloomberg

📋 Article Summary

45 words

Qualcomm Inc. is in advanced talks to acquire Modular Inc. in a transaction valuing the artificial intelligence chip startup at about $4 billion, according to people familiar with the matter. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

This is a summary. Read the complete story on Bloomberg below.

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