QUALCOMM Incorporated (QCOM)
Qualcomm to Acquire AI Software Firm Modular in $3.9 Billion Stock Deal
Qualcomm agreed to acquire the AI software company Modular for about $3.9 billion, in a bid to make artificial intelligence faster and cheaper for its customers.
Qualcomm to buy AI startup Modular
Qualcomm said on Wednesday it would buy AI startup Modular, as the chipmaker looks to diversify beyond its core smartphone business.
Qualcomm in talks to provide custom chip-design services to ByteDance, sources say
Qualcomm is in talks to provide chip-design services to China's ByteDance, four people familiar with the matter said, as the U.S. company seeks to reduce dependence on the smartphone market, its biggest revenue source.
Qualcomm eyes modular AI deal as stock falls on tech selloff pressure
Qualcomm Inc. shares moved lower on Tuesday, falling about 6% in trading as a broader technology selloff weighed on sentiment, even as fresh reports pointed to an expansion of its artificial intelligence ambitions. The decline came despite Bloomberg reporting that Qualcomm is in advanced talks to acquire AI infrastructure software company Modular Inc. in a deal valued at around $4 billion.
Qualcomm Stock Slides Amid Modular Acquisition Talks
Qualcomm Inc (NASDAQ:QCOM) is down 6.9% in premarket trading at $206.63, after Bloomberg reported the semiconductor giant is in advanced talks to acquire AI software infrastructure company Modular in a deal valued at roughly $4 billion.
Qualcomm: The Coiled Spring Of The AI Semiconductor Market
Qualcomm (QCOM) is rated Strong Buy, presenting a rare undervalued anomaly in an overheated semiconductor market fixated on AI hype. QCOM trades at a forward P/E of ~21x, yet is poised for multiple expansion as data center and Edge AI revenues materialize. The company's energy-efficient 'cold silicon' architecture positions it to capture inference workloads and autonomous device markets, offering superior operational leverage.
Qualcomm Stock Drops but the Chip Maker Has a Plan to Save AI Rally
Qualcomm stock has surged in recent months and the prospective acquisition of an AI infrastructure software company could help keep the rally going.
Qualcomm (QCOM) Suffers a Larger Drop Than the General Market: Key Insights
The latest trading day saw Qualcomm (QCOM) settling at $221.49, representing a -2.05% change from its previous close.
Qualcomm nearing deal for AI chip startup Modular, Bloomberg News reports
Qualcomm is in advanced discussions to acquire Modular Inc in a transaction valuing the AI chip company at about $4 billion, Bloomberg News reported on Monday, citing people familiar with the matter.
Can Qualcomm's QCT Segment Sustain Growth Amid Handset Weakness?
QCOM's QCT revenue fell 4% as handset weakness persisted, but booming automotive and IoT sales are helping offset smartphone market pressures.
Wall Street analyst updates Qualcomm stock price target
As Qualcomm, Inc. (NASDAQ: QCOM) stock rides the Artificial Intelligence (AI) hype, Cantor Fitzgerald analyst C.J. Muse has raised his 12-month price target on the chipmaker.
Strength Seen in Qualcomm (QCOM): Can Its 6.2% Jump Turn into More Strength?
Qualcomm (QCOM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
