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Qualcomm struck an AI chip deal with Amazon that includes an offer granting Amazon the right to purchase approximately $4 billion in Qualcomm stock.

The equity component ties Amazon’s AI infrastructure roadmap directly to Qualcomm’s valuation, incentivizing deep co-development of inference silicon while providing Qualcomm with long-term capital stability.
NewswireSlicast · September 9, 2026 · US · Source: Reuters
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