Amazon's AWS has partnered with Qualcomm to develop next-generation AI data center infrastructure chips, expanding beyond its in-house and Broadcom suppliers. AWS's AI demand is driving this move, with a $496 billion backlog and plans to double power capacity by 2027. Qualcomm aims to grow its data-center revenue to $15 billion by 2029, while Broadcom remains a strong incumbent with significant AI semiconductor revenue. This partnership highlights the intense competition and growth potential in AI silicon for hyperscalers.
Jim Cramer publicly asked President Trump not to sell his Intel shares, which have surged 311% in the past year, highlighting the political risk of a large federal stake sale. Intel's strong Q2 2026 results, driven by growth in data center, AI, and f...
Meta is quietly building one of the largest AI compute infrastructures globally, funded by its robust advertising business that serves 3.6 billion daily users. In Q2 2026, Meta's ad revenue rose 27% year-over-year to $59.36 billion, generating strong...
Qualcomm's shares rose 5% after securing a multi-generation AI silicon deal with Amazon's AWS to co-develop custom chips for large-scale AI workloads. This deal marks Qualcomm's expansion beyond handsets into data center infrastructure, aiming to boo...
ADP and Amazon Web Services (AWS) have expanded their strategic partnership to combine ADP's 77 years of HR and payroll expertise with AWS's cloud and AI technologies. This collaboration aims to help ADP's 1.1 million clients across 140 countries man...
Qualcomm announced a partnership with Amazon Web Services to develop multiple generations of customized silicon for AWS' AI infrastructure. This move marks Qualcomm's push into the data center market, traditionally dominated by Nvidia, especially ami...
