Qualcomm to Acquire AI Software Firm Modular for $3.9B in Stock
Reported by Dow Jones Newswires
Sentiment
Neutral
Importance
8
Price
$222.75
Mkt Cap
$208.07B
52W Low
$121.99
52W High
$259.92
Market data snapshot near publication time
Summary
Qualcomm announced it will acquire AI software firm Modular for approximately $3.9 billion. The deal involves issuing up to 19.2 million shares of Qualcomm common stock. This strategic acquisition aims to accelerate AI development and reduce costs for Qualcomm's customers, positioning the company more strongly in the competitive AI market.
At the time of this announcement, QCOM was trading at $222.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $208.1B. The 52-week trading range was $121.99 to $259.92. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.
Price Chart
QCOM - Latest Insights
QCOM
Jun 24, 2026, 5:24 PM EDT
Price at Filing:
$219.70
Real-time Price:
$222.97
Change:
+$3.27 (+1%)
Market Cap:
$208.07B
QCOM
Jun 24, 2026, 4:43 PM EDT
Price at Filing:
$222.75
Real-time Price:
$222.97
Change:
+$0.220 (+0.10%)
Market Cap:
$208.07B
QCOM
Jun 24, 2026, 8:10 AM EDT
Price at Filing:
$206.03
Real-time Price:
$222.97
Change:
+$16.94 (+8%)
Market Cap:
$208.07B
QCOM
Jun 24, 2026, 8:00 AM EDT
Price at Filing:
$206.33
Real-time Price:
$222.97
Change:
+$16.64 (+8%)
Market Cap:
$208.07B
QCOM
Jun 24, 2026, 3:13 AM EDT
Price at Filing:
$204.15
Real-time Price:
$222.97
Change:
+$18.82 (+9%)
Market Cap:
$208.07B
QCOM
Jun 22, 2026, 5:11 PM EDT
Price at Filing:
$221.48
Real-time Price:
$222.97
Change:
+$1.49 (+0.67%)
Market Cap:
$208.07B
QCOM
Jun 19, 2026, 3:13 AM EDT
Price at Filing:
$226.50
Real-time Price:
$222.97
Change:
-$3.53 (-2%)
Market Cap:
$208.07B
QCOM
Jun 17, 2026, 3:13 AM EDT
Price at Filing:
$214.54
Real-time Price:
$222.97
Change:
+$8.43 (+4%)
Market Cap:
$208.07B
QCOM
Jun 15, 2026, 4:44 PM EDT
Price at Filing:
$221.40
Real-time Price:
$222.97
Change:
+$1.57 (+0.71%)
Market Cap:
$208.07B
QCOM
Jun 02, 2026, 3:14 AM EDT
Price at Filing:
$228.06
Real-time Price:
$222.97
Change:
-$5.09 (-2%)
Market Cap:
$208.07B