Qualcomm’s shares rose nearly 9% after announcing a deal with Amazon for customised data centre chips. The agreement allows Amazon to acquire up to $4 billion in Qualcomm shares, supporting the development of AI infrastructure amid Qualcomm’s efforts to diversify beyond smartphone processors.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.