Qualcomm signs a deal with Amazon to provide "multiple generations of customized silicon" to help build AWS' AI infrastructure for inference; QCOM jumps ~5% (Ari Levy/CNBC)

Qualcomm has signed a deal with Amazon to provide "multiple generations of customized silicon" for building AWS' AI infrastructure, specifically for inference. This partnership led to a significant jump in Qualcomm's shares, with QCOM rising approximately 5%. The agreement focuses on data center infrastructure, strengthening the collaboration between Qualcomm and Amazon Web Services in the AI domain.