Tech
Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan June 1, 2026.
Ann Wang | Reuters
Qualcomm shares jumped 10% on Tuesday after the company announced a data center infrastructure partnership with Amazon Web Services, a major win as the chipmaker tries to take on Nvidia in the AI market.
According to a press release, Qualcomm is working with Amazon “across multiple generations of customized silicon” help build out AWS’ AI infrastructure.
“As AI workloads grow exponentially — driving unprecedented demand for compute, storage, networking and memory bandwidth, and energy-efficient infrastructure — the collaboration brings together Amazon’s comprehensive, secure, and price-performant AI infrastructure with Qualcomm Technologies’ leadership in power-efficient processing, silicon design and system-level integration,” the statement said.
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Qualcomm stock pops 10% on data center infrastructure deal with Amazon
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