Qualcomm

After a multi-year chip cooperation with Amazon, QUALCOMM’s stock rose sharply; the contract includes custom AI inference chips, optical interconnect technology and warrants for up to 25 million shares tied to orders of up to $60 billion over ten years. QUALCOMM expects datacenter revenue of about $5 billion for 2027 and a long‑term target of $15 billion for 2029, a target volume well below NVIDIA’s current quarterly datacenter revenue. The company is also addressing NVIDIA’s software lead through the acquisition of Modular and expects initial revenues from the Amazon partnership in the current December quarter. » More on finanzen.net

Qualcomm and Amazon Web Services have agreed a multi-year partnership to develop custom AI data-center chips with a value of around $60 billion. Under the agreement, Amazon receives option rights to purchase Qualcomm shares worth up to $4 billion. The push into the server market is intended to reduce Qualcomm’s dependence on the saturated smartphone business and expand the company’s strategy toward AI infrastructure. » More on finanzen.net

Amazon receives the right to purchase up to 25 million Qualcomm shares at $161.26 per share; 3.75 million shares are already effective. Additional tranches only become due when Amazon places binding orders and purchases Qualcomm chips, technologies and services. The cooperation aims for custom chips for large AI data centers, optical data transmission of up to 1.6 terabits/s and use of Amazon Bedrock to accelerate chip designs. Analysts view the agreement as potentially important for Qualcomm's expansion beyond the smartphone business, but remain cautious. » More on deraktionaer.de