{"id":1016561,"date":"2026-06-24T08:06:08","date_gmt":"2026-06-24T02:36:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1016561"},"modified":"2026-06-24T08:09:18","modified_gmt":"2026-06-24T02:39:18","slug":"qualcomm-nearing-deal-for-ai-chip-startup-modular-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/24\/qualcomm-nearing-deal-for-ai-chip-startup-modular-report\/","title":{"rendered":"Qualcomm nearing deal for AI chip startup Modular: report"},"content":{"rendered":"<p>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 \u200cmatter. <\/p>\n<p>If completed, \u2060the \u2060deal would mark a significant step-up from the $1.6 \u200bbillion valuation Modular secured in a funding round just \u200bnine months ago. <\/p>\n<p>A global supplier of smartphone chips, Qualcomm has been working to reduce its reliance on the \u2060volatile handset \u200cmarket by branching out into fast-growing areas like data center processors \u2060and autonomous vehicle chips.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u200cmatter. If completed, \u2060the \u2060deal would mark a significant step-up from the $1.6 \u200bbillion valuation Modular secured in a funding round just \u200bnine months ago. A global supplier of smartphone chips, Qualcomm has been working to reduce its reliance on the \u2060volatile handset \u200cmarket by branching out into fast-growing areas like data center processors \u2060and autonomous vehicle chips.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1016561","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1016561"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016561\/revisions"}],"predecessor-version":[{"id":1016564,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016561\/revisions\/1016564"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1016561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1016561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1016561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}