SiliconANGLE AI
Wednesday, June 24, 2026
Maria Deutscher
Qualcomm shares jump 14% on Modular acquisition, guidance upgrade
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Qualcomm Inc.’s stock jumped 14% in after-hours trading today after it shared a series of updates about its artificial intelligence roadmap.
The company announced plans to acquire an inference software startup called Modular Inc.
and previewed two upcoming AI chips.
Additionally, Qualcomm signifi...
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