🟢 QCOM.BA is trading 2.3% up today after its $3.9B Modular AI acquisition

QCOM.BA is trading 2.3% up now at $26,840 as investors continue to react to Qualcomm’s recently announced $3.9 billion all-stock acquisition of AI software firm Modular.

• The deal is expected to strengthen Qualcomm’s AI software stack and data-center capabilities, supporting a broader edge-to-cloud AI strategy.

• The move highlights the company's aggressive diversification beyond smartphone chips, signaling expanded AI growth ambitions that continue to attract positive market attention.