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
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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.