Qualcomm and Amazon Ink $60 Billion AI Chip Deal with $4 Billion Stock -

POLICY WIRE — San Diego, United States — Qualcomm has announced a landmark agreement with Amazon, allowing the cloud giant to purchase up to $60 billion in AI data-center chips and related products over time. This strategic partnership also includes a $4 billion warrant that gives Amazon the right to buy Qualcomm shares at a fixed price of $161.26 per share. The deal underscores the deepening integration between AI infrastructure and financial arrangements, as Qualcomm aims to solidify its position beyond smartphones. The agreement comes amid growing competition in the AI chip market, where companies like Nvidia hold a dominant position. Qualcomm's move to expand into data-center technology has been bolstered by recent partnerships with other major tech firms, including Microsoft and Meta. Analysts view the deal as a critical step in validating Qualcomm's long-term ambitions in the AI sector. The collaboration will focus on AI inference chips and high-speed optical connectivity solutions, with potential support for bandwidth demands reaching 1.6 terabits per second. Reporting by Policy-Wire (PW)