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Qualcomm shares jump 14% on Modular acquisition, guidance upgrade

  • Maria Deutscher--SiliconANGLE News
  • published date: 2026-06-24 22:45:55 UTC

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…

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 softw… [+4634 chars]