Qualcomm Signed a Multi-Generation AI Data Center Silicon Deal With Amazon, Stock Up 10%
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Qualcomm announced a multi-generation collaboration to supply Amazon with customized inference silicon and optical connectivity up to 1.6T for AWS AI data centers, its largest push into cloud infrastructure to date. The deal includes a warrant letting Amazon acquire up to 25 million Qualcomm shares tied to how much business the two actually do, and QCOM jumped about 10% to $179.84. Qualcomm is also moving its own EDA workloads onto AWS and Bedrock to shorten chip design cycles.