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Market Impact: 0.38
AI infrastructure stocks rally on deal announcements from Qualcomm, Corning
Source: cnbc.com
Artificial IntelligenceTechnology & InnovationCompany Fundamentals
Corning and Qualcomm rose Tuesday, lifting AI-infrastructure-linked peers including Intel and AMD. Qualcomm announced an Amazon partnership and agreed to issue $4 billion in stock warrants to the cloud provider, reinforcing investor enthusiasm around AI infrastructure demand.
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