Qualcomm, Amazon to Develop Custom Chips for AI Data Centers
- On Tuesday, Qualcomm Technologies announced a multi-generational collaboration with Amazon to develop custom silicon for large-scale AI data centers, targeting scalable AI inference.
- Seeking to lock in long-term supply agreements with major technology platforms, Qualcomm Technologies pushes aggressively beyond its smartphone roots amid exponential AI demand growth.
- Qualcomm issued a warrant allowing Amazon to purchase an about $4 billion stake linked to up to $60 billion of business; the California-based chipmaker's shares rose more than 9% in premarket trading.
- Additionally, Qualcomm Technologies plans to expand use of Amazon Bedrock and AWS AI infrastructure for electronic design automation, while developing optical connectivity solutions extending up to 1.6T.
- Qualcomm President Cristiano Amon stated, "As AI demand accelerates, data center infrastructure will require advances in both computing and connectivity to deliver greater performance," while AWS Vice President Prasad Kalyanaraman emphasized the partnership reflects a "shared commitment to pushing the boundaries.
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Even if AI models are already trained, processors are needed for daily use. They want to design Amazon and Qualcomm together.
Qualcomm's actions fired on Tuesday (8) after the chip maker informed a partnership with Amazon to build custom data center infrastructure, including chips and optical networks. At around 10:50 a.m., the papers went up just over 5% on Nasdaq. Exclusive material for subscribers. To have full access, access the material link and register.
Qualcomm Rises 5% on Multi-Generation Amazon AI Silicon Deal; Broadcom Ticks Up, Amazon Holds Flat
Amazon just handed Qualcomm a multi-generation AI silicon deal that sent shares surging against a falling market, but the fine print raises a pointed question about whether this credential ever becomes a revenue line.
Qualcomm shares jumped in the minutes after the U.S. open after the chipmaker announced it had signed a data center infrastructure development agreement with Amazon Web Services. The partnership is another important milestone for the company, which is trying to gain a foothold in the artificial intelligence market as a challenger to Nvidia, CNBC reported.
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