Qualcomm AWS Data Center Partnership Includes Warrants and Conditions
Qualcomm secured a multi-generational silicon partnership with AWS, a major AI data center customer, boosting shares more than 3%. Amazon received warrants for 25 million Qualcomm shares at $161.26, potentially worth about $4 billion if fully exercised. Future vesting depends on binding orders and purchases that could total up to $60 billion, not committed revenue.