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Last updated: June 24, 2026, 11:30 AM ET

Technology & M&A

Qualcomm agreed to acquire AI software firm Modular for approximately $3.9 billion in a stock deal aimed at making artificial intelligence faster and cheaper for its customers. Meanwhile, SK Hynix Inc. is seeking to raise about $29.4 billion in a U.S. listing, capitalizing on strong investor demand for memory-