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Amazon Taps Qualcomm for $60B AI Data Center Custom Silicon Push

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The Story

News Summary

  • Qualcomm announced a multi-year partnership with Amazon to develop customized AI data center silicon and optical connectivity, unlocking up to $60 billion in potential revenue over a decade.
  • The deal accelerates Qualcomm's diversification into high-growth AI infrastructure, offsetting smartphone market weakness and declining revenue from Apple.
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AMZN price history

245.96 +5.17% over the displayed period

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