Qualcomm Stock Rises After Multi-Generation AI Chip Deal With Amazon
Qualcomm Technologies shares are trading higher Tuesday after it announced a multi-generation AI data center collaboration with Amazon.com.
Qualcomm and Amazon made a deal where Qualcomm will make special computer chips for Amazon's data centers for many years. When big companies lock in long-term deals together, it shows they trust each other and expect to keep working together—which is usually a good sign for both sides.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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