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Amazon Taps Qualcomm for AI Chips in $60B Multi-Gen Silicon Pact

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The Story

News Summary

  • Qualcomm secured a multi-generational data center silicon deal with AWS for custom AI inference chips.
  • Amazon received warrants to buy $4 billion in Qualcomm stock, contingent on up to $60 billion in future chip purchases, signaling hyperscalers' growing push into alternative silicon architectures.
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AMZN price history

256.78 +13.48% over the displayed period

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