Qualcomm Secures Landmark $60bn Amazon AI Chip Deal

Multigenerational partnership grants Amazon stock warrants worth $4bn while boosting Qualcomm’s expansion beyond the smartphone market. Semiconductor giant Qualcomm has struck a major, multigenerational agreement with Amazon Web Services (AWS) to design and supply custom artificial intelligence silicon and high-speed data centre infrastructure, in a commercial framework that could generate up to $60 billion in […]