NasdaqGS:QCOMSemiconductor
Qualcomm (QCOM) Buys Modular And Lands BMW Deal For AI Vehicles
Qualcomm (NasdaqGS:QCOM) has completed its acquisition of Modular Inc, an AI native software infrastructure company.
The company has also entered a long term semiconductor supply agreement with BMW Group for next generation AI powered vehicle platforms.
Both developments expand Qualcomm's role in AI centric computing and automotive technology beyond its core mobile business.
These moves place Qualcomm more firmly at the center of two large themes investors are watching closely: AI compute...