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Broadcom and Qualcomm Rally as Amazon Expands Custom AI Silicon Roster

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Amazon's AWS partnered with Qualcomm on a multi-generation custom AI inference silicon deal.
  • Qualcomm jumped 5%, while Broadcom gained 3% as markets interpreted the expansion as broad validation for custom silicon and optical connectivity demand rather than a competitive threat to incumbent suppliers.
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AVGO price history

361.99 -3.69% over the displayed period

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