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Qualcomm shares rise 4.5% on new AI chip partnership with Amazon Web Services.

Market News
08 Sep 2026
Proactive Investors
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Bullish
Qualcomm shares rise 4.5% on new AI chip partnership with Amazon Web Services.

Qualcomm and Amazon announced a multi-generation partnership to develop custom silicon chips for large-scale AI data centers, focusing initially on AI inference for Amazon Web Services. The collaboration also includes advanced optical connectivity solutions to enhance data center speeds and efficiency. Qualcomm will increase its use of AWS AI infrastructure to speed up chip design cycles. This partnership aims to deliver more efficient, high-performance AI infrastructure as demand for AI grows.

More News (QCOM)

Amazon's AWS partners with Qualcomm for next-gen AI chips amid massive $496B backlog.

Amazon's AWS partners with Qualcomm for next-gen AI chips amid massive $496B backlog.

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Jim Cramer urges Trump not to sell Intel shares amid 311% gain and political risks.

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Qualcomm shares jump 5% on new multi-generation AI chip deal with Amazon AWS.

Qualcomm shares jump 5% on new multi-generation AI chip deal with Amazon AWS.

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...

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Qualcomm partners with Amazon to develop AI data center chips, challenging Nvidia's dominance.

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Qualcomm and Amazon partner on custom silicon and optical tech for AI data centers.

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