@thetruism · 9d ago
Qualcomm strikes AI chip deal with Amazon with stock option
Qualcomm has partnered with Amazon to supply custom AI chips for AWS data centers, offering Amazon the option to purchase up to $4 billion in Qualcomm stock.
Not moving quickly right now, but still current and open to further updates.
Location & context
Seattle
Qualcomm strikes AI chip deal
- Qualcomm strikes an AI chip partnership with Amazon with an option for Amazon to buy up to $4 billion in Qualcomm stock.
- Qualcomm shares rose about 9% to a two-month high on the news.
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What we know
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What we don't know
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- What are the exact performance specifications of the custom AI chips being developed?
- When will Amazon begin integrating these custom Qualcomm chips into its active AWS data centers?
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