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HomeBusinessQualcomm nearing deal for AI chip startup Modular, Bloomberg News reports

Qualcomm nearing deal for AI chip startup Modular, Bloomberg News reports

June 22: 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. If completed, the deal would mark a significant step-up from the $1. 6 billion valuation Modular secur

Read full story on Channel Newsasia

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