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Qualcomm shares jump 10% on AWS data center silicon partnership

QUALCOMM logoQUALCOMM
Sig3.53Sen+5.42Env+0.48Soc0.00Gov+0.31
Amazon logoAmazon
Sig3.17Sen+3.51Env+0.40Soc+0.12Gov+0.24

Qualcomm shares rose about 10% after announcing a data center infrastructure partnership with Amazon Web Services. The companies plan multiple generations of customized silicon to help build AWS AI infrastructure, combining Amazon’s secure, price-performant AI stack with Qualcomm’s power-efficient processing and system-level integration to meet rapidly growing compute demand.

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