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Qualcomm Rises 5% on Multi-Generation Amazon AI Silicon Deal; Broadcom Ticks Up, Amazon Holds Flat

Source: 247wallst.com

Artificial IntelligenceTechnology & InnovationCompany Fundamentals
Qualcomm Rises 5% on Multi-Generation Amazon AI Silicon Deal; Broadcom Ticks Up, Amazon Holds Flat

Qualcomm shares rose in Tuesday morning trading following a multi-generation AI silicon supply agreement. The deal provides Qualcomm with a significant data-center credential beyond its core handset franchise, potentially strengthening its position in AI infrastructure.

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