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Qualcomm stock rises 9.5% after deal
Artificial intelligence with Amazon and a guarantee of 25
million shares

Shares of Qualcomm (NASDAQ: QCOM) rose 9.50% following the announcement of a multi-generation partnership with Amazon to design custom chips and ultra-fast optical connectivity solutions for AI data centers. Under the agreement, Qualcomm will issue a guarantee to Amazon that enables it to purchase up to 25 million shares of QCOM common stock, reflecting a deep and long-term alliance between two technology giants.

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The partnership centers on heavy AI inference workloads and optical connectivity solutions extending up to 1.6T. With the acceleration of generative AI applications, this partnership aims to overcome computing bottlenecks and deliver next-generation bandwidth in cloud infrastructure.#BitcoinETFsStill$1BShortIn2026 #USIranTradeTankerStrikesEscalate