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Qualcomm to Provide Custom AI Chips to Amazon
Source: Bloomberg
Artificial IntelligenceTechnology & InnovationCompany Fundamentals
Qualcomm signed Amazon.com as a data-center chip customer and granted Amazon rights to acquire up to $4 billion of Qualcomm shares. The agreement expands Qualcomm's presence in the data-center semiconductor market and provides a potentially significant strategic customer and equity-alignment opportunity.
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