Qualcomm Stock Jumps on Multi-Generation AI Chip Deal With Amazon
Qualcomm shares rose about 10% after the company announced a multi-generation deal to build custom AI inference chips and optical networking for Amazon’s data centers.
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Qualcomm shares rose about 10% after the company announced a multi-generation deal to build custom AI inference chips and optical networking for Amazon’s data centers.
Qualcomm agreed to acquire Modular, the AI software startup led by Chris Lattner, to build a hardware-agnostic software layer and challenge Nvidia in data center AI.
Qualcomm is a leading mobile semiconductors and edge ai company shaping semiconductors, AI chips, and computing infrastructure across AI, cloud, chips, software, devices, and enterprise technology.
Snap’s Specs unit will use Qualcomm chips for upcoming smart glasses, deepening a long-standing partnership. The move comes as competition intensifies in AI-powered wearables.
Neura Robotics and Qualcomm have partnered to develop next-generation robots powered by Qualcomm’s Dragonwing processors, targeting humanoid and industrial robotics applications.