Qualcomm Closes $3.9 Billion Modular Deal, Wins BMW Lead Chip Role
Updated
Updated · TradingView · Jul 29
Qualcomm Closes $3.9 Billion Modular Deal, Wins BMW Lead Chip Role
3 articles · Updated · TradingView · Jul 29
Summary
$3.9 billion gave Qualcomm control of AI software firm Modular and a multi-year BMW contract to supply compute silicon for next-generation vehicle systems.
Modular adds the Mojo programming language, MAX inference platform and cloud tools, broadening Qualcomm's push to run AI across devices, data centers and edge hardware.
BMW will use Qualcomm's Snapdragon Cockpit and Snapdragon Ride platforms for digital cockpit and ADAS/automated-driving systems, extending a partnership that already reached the iX3 in 2025.
QCOM slipped 0.8% ahead of fiscal third-quarter results even as retail sentiment stayed bullish; Wall Street expects $9.6 billion in revenue and $2.22 EPS.