Amazon과 Qualcomm은 맞춤형 AI 실리콘과 컴퓨팅 인프라를 개발하기 위한 600억 달러 규모의 전략적 파트너십을 발표했다.

The week saw a busy mix of earnings, mergers, strategic partnerships, defence contracts, and corporate restructuring, with technology dominating investor attention. Oracle reported strong cloud growth, while Qualcomm and Amazon explored a $60 billion AI chip collaboration. Major transactions included GE Aerospace's $11.75 billion acquisition of Consolidated Precision Products, alongside significant developments in financial services and capital markets.

**Oracle's Cloud Infrastructure Surge**

Oracle delivered a key signal for the AI investment cycle after reporting fiscal first-quarter 2027 results on September 10. Revenue rose 30% year-over-year to $19.35 billion, beating the $19.13 billion consensus estimate, while adjusted EPS reached $1.92 against expectations of $1.74. Cloud infrastructure remained the standout performer, with revenue surging 121% year-over-year, up from 93% in the previous quarter.

The company's remaining performance obligations reached $664 billion, while Oracle booked more than $30 billion in new AI cloud contracts, providing strong visibility into future revenue. However, the expansion carries significant costs: capital expenditure reached $28.5 billion, well above the $19.8 billion expected, while free cash flow was negative $5.4 billion, though better than the $9.5 billion consensus estimate. Oracle raised full-year EPS guidance by $0.05 to $8.10 and expects revenue of at least $90 billion. Shares initially gained 5–7% premarket before giving up most gains and trading near flat, reflecting investor focus on AI demand alongside rising infrastructure costs and the path to stronger cash flow.

**Qualcomm and Amazon's $60 Billion AI Chip Partnership**

Qualcomm and Amazon announced a multi-year strategic cooperation agreement on September 9 to jointly develop custom AI inference chips across multiple generations, along with high-bandwidth optical interconnect solutions. The arrangement combines Qualcomm's energy-efficient chip technology and semiconductor design expertise with Amazon Web Services' AI infrastructure, including Amazon Bedrock. The companies are targeting AI inference, an increasingly important part of the market as organizations move from training AI models towards deploying them in commercial applications.

Qualcomm granted Amazon warrants to purchase common stock at a fixed exercise price of $161.26 per share. Amazon initially received 3.75 million warrants, with total issuance rising to 25 million shares if Amazon's procurement of server chips, technology, and services reaches up to $60 billion over the next decade. Full exercise of the warrants could give them an aggregate value of approximately $4 billion. Qualcomm shares rose sharply, trading at around $179.63 by midday, up approximately 3.2% from the previous close of $174.09, with an intraday high of $183.49—more than 8% above Friday's close.

The Amazon relationship is strategically important as Qualcomm attempts to reduce its dependence on smartphones. Apple's increasing use of internally developed chips and Samsung's greater use of Exynos processors have increased competitive pressure in handsets. Qualcomm is therefore building its data-centre business and has set a target of $15 billion in data-centre revenue by 2029.

**Expansion of AI Infrastructure Partnerships**

Palantir Technologies and Nebius Group strengthened the AI infrastructure theme through a strategic partnership. Palantir selected Nebius as its preferred sovereign AI infrastructure partner and plans to integrate Nebius cloud and AI computing resources with its enterprise platform. Palantir shares traded around $171.80, down 1.45%, while Nebius gained 9.64%. Rackspace Technology added another development by joining the NVIDIA Cloud Partner Program, planning to combine NVIDIA Blackwell computing with Palantir software to expand its offering for enterprise AI workloads. Rackspace shares traded around $3.24.

**Telecommunications and Consumer Technology Advances**

Verizon and Corning signed a multi-billion-dollar agreement covering more than 80 million miles of high-density optical fibre and connectivity solutions from 2027 through 2032. The fibre will support broadband expansion while helping create the long-haul backbone required by AI hyperscalers, with Verizon targeting between 40 million and 50 million broadband passings. Corning shares surged more than 8% intraday to approximately $165.70, while Verizon shares gained around 1% to $50.51.

Apple introduced the iPhone Duo, its first foldable iPhone, featuring a 7.6-inch inner display and a 5.4-inch outer display running on the A20 Pro chip and iOS 27, with Apple Intelligence and Siri AI features. Apple shares traded around $325.37, up 3.18%. The launch gives Apple a new product category as smartphone manufacturers compete to create premium devices supporting higher average selling prices and renewed upgrade demand.

**Aerospace, Banking, and Marketplace Consolidation**

GE Aerospace agreed to acquire Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11.75 billion. GE Aerospace plans to finance the transaction with approximately $7 billion in cash, with the remainder funded through new debt. The deal values CPP at roughly 18 times 2027 EBITDA including expected net synergies, or approximately 26 times without synergies. CPP, headquartered in Cleveland, employs approximately 6,600 people across more than 20 facilities worldwide and ranks among the largest producers of investment and precision sand castings serving the aerospace manufacturing industry. GE Aerospace has worked with CPP as a customer for more than 15 years. The acquisition will strengthen GE Aerospace's control over a strategically important portion of its supply chain, with the transaction expected to close in the second half of 2027, subject to regulatory approvals.

Chime Financial announced a $590 million all-cash acquisition of Stride Bank, N.A., its long-term banking partner. Stride will be renamed Chime Bank and become a wholly owned subsidiary of Chime, transforming Chime's operating model to function as a licensed bank rather than relying to the same extent on external banking partners for deposits and lending. Chime expects approximately $100 million in net synergies, mainly from reducing partner dependence and lowering funding costs. The company raised its third-quarter revenue guidance to $705 million, up from its previous $680–690 million range, and increased full-year revenue guidance to $2.76–2.77 billion. Chime shares gained 6.8% to approximately $34.52 after rising more than 11% in premarket trading.

EverBank Financial announced a $3.9 billion reverse merger with WaFd, with EverBank merging into WaFd, which will remain publicly traded and change its name to EverBank Financial Corp., trading on Nasdaq under EVBK. EverBank shareholders will own approximately 59.2%, while WaFd shareholders will retain 40.8%. The deal is expected to close in early 2027 and could lift WaFd's 2027 EPS by roughly 29%. The combined business will have about $75 billion in assets, with tangible book value dilution expected to be recovered in less than two years.

In the automotive marketplace sector, Copart agreed to acquire ACV Auctions for $10.50 per share in cash, valuing the deal at about $1.9 billion. The offer represents a 45% premium to ACV's unaffected closing price on August 10.