Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stock

The deal also highlights increasingly intertwined financing in the AI boom, with Qualcomm granting Amazon warrants worth about $4 billion that vest with product purchases and allow the cloud giant to buy ‌shares at a ⁠fixed ⁠price of $161.26 apiece, according to a regulatory filing.
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.