Qualcomm to Acquire AI Software Firm Modular for $3.9B in Stock
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Semiconductor Stocks · Technology
Sentiment
Neutral
Importance
8
Price
$222.75
Mkt Cap
$208.07B
52W Low
$121.99
52W High
$259.92
52W Position
83% above low
Off High
14% below high
Rel. Volume
1.1× avg
Market data snapshot near publication time
QCOM sits 83% above its 52-week low of $121.99.
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
Oct 20, 2026, 6:50 AM EDT
Price at Filing:
$171.52
Real-time Price:
$163.31
Change:
-$8.21 (-5%)
Market Cap:
$174.389B
QCOM
Oct 13, 2026, 2:17 PM EDT
Price at Filing:
$176.89
Real-time Price:
$163.31
Change:
-$13.58 (-8%)
Market Cap:
$174.389B
QCOM
Oct 12, 2026, 7:00 AM EDT
Price at Filing:
$174.91
Real-time Price:
$163.31
Change:
-$11.60 (-7%)
Market Cap:
$174.389B
QCOM
Oct 09, 2026, 1:31 AM EDT
Price at Filing:
$175.85
Real-time Price:
$163.31
Change:
-$12.54 (-7%)
Market Cap:
$174.389B
QCOM
Oct 05, 2026, 2:00 AM EDT
Price at Filing:
$185.04
Real-time Price:
$163.31
Change:
-$21.73 (-12%)
Market Cap:
$174.389B