Qualcomm Announces $60 Billion AI Chip Deal with Amazon
Qualcomm has signed a significant agreement to supply up to $60 billion worth of AI data center chips to Amazon. The deal includes granting Amazon warrants valued at around $4 billion, which vest based on product purchases. Qualcomm and Amazon will also collaborate on high-performance optical connectivity solutions for AI infrastructure growth. This partnership marks Qualcomm's expansion beyond smartphones into the growing AI data center market. It comes as Apple plans to shift away from using Qualcomm modems in favor of its own silicon. The deal is expected to span multiple generations of chips, signaling a strategic move by Qualcomm to diversify and strengthen its business portfolio. Qualcomm has also previously secured an agreement with Meta Platforms for AI server CPUs and acquired Modular, an AI software startup that supports cross-architecture compatibility.
Topics: AI Chip Manufacturing Corporate Partnerships Data Centers