Qualcomm rises 6%: Amazon orders its own AI chips - the $15 billion data center target suddenly becomes realistic

Qualcomm and Amazon are developing their own chips for AWS AI data centers over several product generations – the stock jumps by more than 6% in pre-market trading. The deal includes AI inference as well as optical connections of up to 1.6 terabits per second and confirms Qualcomm's new full-stack strategy in the data center. Qualcomm aims for more than 15 billion USD in data center revenue by fiscal year 2029. A hyperscaler like Amazon makes this ambitious goal significantly more attainable.   Today could mark one of the most important...