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Qualcomm joins AWS to power AI data centers, sparking stock rally

1 min read
Source: CNBC
Qualcomm joins AWS to power AI data centers, sparking stock rally
Photo: CNBC
TL;DR Summary

Qualcomm shares rose after announcing a data-center infrastructure partnership with Amazon Web Services to develop customized silicon for AWS AI workloads, signaling a push into the data-center market to challenge Nvidia; terms weren’t disclosed and the deal follows an earlier tie-up with Meta, as Qualcomm targets multi-billion-dollar data-center sales by 2029.

Topics:business#ai-infrastructure#amazon-web-services#data-centers#investors#qualcomm#technology
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  1. Qualcomm stock pops 10% on data center infrastructure deal with Amazon  CNBC
  2. Qualcomm jumps as it teams with Amazon on next-gen AI data center deal (QCOM:NASDAQ)  Seeking Alpha
  3. Qualcomm stock surges on deal to build custom AI chips for Amazon  qz.com
  4. Watch Qualcomm (QCOM) to Provide Custom AI Chips to Amazon  Bloomberg.com
  5. Qualcomm Announces Multi-Generational Product Collaboration with Amazon to Build Next-Generation AI Data Center Infrastructure  qualcomm.com

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