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Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion

Modular, one of the most promising chip software startups of the AI era, heads for a multibillion-dollar exit....

News Desk

Staff Writer

Published

Jun 25, 2026

Source

WIRED

Analytics

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Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion

AI Insight:The acquisition highlights the intense competition in the AI chip market.

Qualcomm has acquired Modular, a promising chip software startup, for nearly $4 billion. Modular, one of the most promising chip software startups of the AI era, heads for a multibillion-dollar exit. The acquisition is a strategic move by Qualcomm to strengthen its position in the rapidly evolving AI chip market. Modular's software solutions enable the creation of highly specialized AI chips, which are in high demand due to their ability to efficiently process complex AI workloads. The acquisition is expected to enhance Qualcomm's offerings in the AI chip space, solidifying its position as a leader in the industry. With this move, Qualcomm aims to further accelerate the development and deployment of AI-powered solutions across various industries.